Brief: Pet Valu Reports Third Quarter Results And Declares Inaugural Dividend

Pet Valu Holdings

16/11/2021 11:46

Nov 16 (Reuters) - Pet Valu Holdings Ltd  PET.TO :
    * PET VALU REPORTS THIRD QUARTER RESULTS AND DECLARES
INAUGURAL
DIVIDEND
    * QTRLY REVENUE INCREASED BY 25.6% TO $200.7 MILLION,
COMPARED TO
$159.8 MILLION IN Q3 LAST YEAR
    * QTRLY SYSTEM-WIDE SALES GREW 24.5% TO $258.6 MILLION
    * QTRLY ADJUSTED EARNINGS PER SHARE$0.39
    * PET VALU HOLDINGS - SEES 2021 REVENUE OF ABOUT $765
MILLION,
SUPPORTED BY SAME-STORE SALES GROWTH SLIGHTLY ABOVE 15% AND
28-30 NEW STORE OPENINGS
    * QTRLY EARNINGS PER SHARE $0.34
    * SEES 2021 ADJUSTED NET INCOME OF ABOUT $69 MILLION OR
$0.97 PER
DILUTED SHARE
    * FY2021 EARNINGS PER SHARE VIEW C$0.78, REVENUE VIEW
C$730.5
MILLION -- REFINITIV IBES DATA
    * Q3 EARNINGS PER SHARE VIEW C$0.23, REVENUE VIEW C$178.2
MILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nCNWJm6Q1a 
Further company coverage:  PET.TO 

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