Covetrus, Inc. announced consolidated earnings results for quarter and year ended December 31, 2019. For the quarter, the company reported sales of $1,008 million against $903 million a year ago. Net loss was $37 million against income of $32 million a year ago. Basic loss per share was $0.33 against EPS of $0.47 a year ago.

For the year, the company reported sales of $3,976 million against $3,778 million a year ago. Net loss was $1,022 million against income of $107 million a year ago. Basic loss per share was $9.50 against EPS of $1.41 a year ago.

For the fiscal year 2020, the company expects net sales of $4.025 billion to $4.125 billion. Embedded in this outlook is pro forma organic net sales growth.

For the quarter, the company reported goodwill impairment of $1 million.