Brief: Pet Valu Reports Fourth Quarter And Fiscal Year 2022 Results

Pet Valu Holdings

07/03/2023 11:36

March 7 (Reuters) - Pet Valu Holdings Ltd  PET.TO :
    * PET VALU REPORTS FOURTH QUARTER AND FISCAL YEAR 2022
RESULTS
    * PET VALU HOLDINGS - SEES 2023 REVENUE BETWEEN $1,050 AND
$1,075
MILLION, DRIVEN BY SAME-STORE SALES GROWTH BETWEEN 7% AND 10%
AND 40-50 NEW STORE OPENINGS
    * PET VALU HOLDINGS - SEES 2023 ADJUSTED EBITDA BETWEEN $230
AND
$237 MILLION AND ADJUSTED NET INCOME PER DILUTED SHARE BETWEEN
$1.60 AND $1.66
    * Q4 REVENUE WAS $266.0 MILLION, UP 19.3% VERSUS LAST YEAR
    * QTRLY ADJUSTED NET INCOME WAS $31.1 MILLION OR $0.43 PER
DILUTED
SHARE
    * Q4 EARNINGS PER SHARE VIEW C$0.42, REVENUE VIEW C$256.6
MILLION
-- REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW C$1.69, REVENUE VIEW C$1.03
BILLION -- REFINITIV IBES DATA
    * SEES 2023 NET CAPITAL EXPENDITURES OF ABOUT $60 MILLION

Source text for Eikon:  ID:nCNWnxnLFa 
Further company coverage:  PET.TO 

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