Pet Valu (TSE:PET) Releases Earnings Results

Pet Valu (TSE:PET) released its quarterly earnings data on Tuesday. The company reported C$0.44 EPS for the quarter, FiscalAI reports. The firm had revenue of C$299.52 million for the quarter. Pet Valu had a return on equity of 110.16% and a net margin of 8.31%.

Here are the key takeaways from Pet Valu’s conference call:

• Pet Valu reported 3% revenue growth and 4% systemwide sales growth in Q3, with same-store sales returning to positive territory at 1.5%. Adjusted EBITDA rose 5%, and adjusted diluted EPS increased 10%.
• The company raised its full-year adjusted EBITDA margin outlook to approximately 21.5%, citing stronger-than-expected expense leverage. It also highlighted continued market-share gains and improving customer transactions.
• Full-year adjusted diluted EPS growth is now expected in the low single digits, while same-store sales guidance is flat to 1%. Management said Q4 adjusted EBITDA margin could decline about 90 basis points year over year, reflecting typical seasonal promotional intensity and uncertainty.
• Pet Valu expects 37 new stores in 2026, but said tighter real estate availability is likely to persist into 2027. Digital channels, including click and collect and AutoShip, continued to support sales, though management did not quantify their contribution.

Pet Valu Trading Up 6.3%

TSE PET traded up C$1.35 on Tuesday, hitting C$22.87. The company’s stock had a trading volume of 346,404 shares, compared to its average volume of 213,833. The firm has a market cap of C$1.54 billion, a P/E ratio of 15.99 and a beta of 1.16. Pet Valu has a 52-week low of C$16.58 and a 52-week high of C$30.11. The company’s 50-day simple moving average is C$18.89 and its 200 day simple moving average is C$20.81.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PET. Barclays increased their target price on Pet Valu from C$17.00 to C$19.00 in a report on Wednesday, August 12th. National Bank Financial raised Pet Valu from a “hold” rating to an “outperform” rating and lifted their price target for the stock from C$23.00 to C$24.00 in a research note on Monday, November 2nd. Raymond James Financial downgraded Pet Valu from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from C$21.00 to C$23.00 in a research report on Wednesday, August 12th. Royal Bank Of Canada dropped their price objective on Pet Valu from C$26.00 to C$24.00 and set an “outperform” rating for the company in a research note on Tuesday, July 28th. Finally, Canadian Imperial Bank of Commerce upgraded shares of Pet Valu to a “strong-buy” rating in a report on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of C$25.00.

Pet Valu Company Profile

Pet Valu is Canada’s leading retailer of pet food and pet-related supplies with over 800 corporate-owned or franchised locations across the country. For 50 years, Pet Valu has earned the trust and loyalty of pet parents by offering knowledgeable customer service, an extensive product offering and engaging in-store services. Through its local neighbourhood stores and digital platform, Pet Valu offers more than 10,000 competitively-priced products, including a broad assortment of exclusive, holistic and award-winning proprietary brands.