Canadian pet food retailer Pet Valu posts higher Q3 revenue, profit

Pet Valu Holdings

04/11/2025 11:39

Overview

Pet Valu Q3 revenue rises 4.9% yr/yr, driven by retail and franchise sales

Net income for Q3 increases 7.4% yr/yr, reflecting higher operating income

Adjusted EBITDA for Q3 declines 1.5% yr/yr due to higher SG&A expenses

Outlook

Company expects 2025 revenue between C$1.175 bln and C$1.185 bln

Pet Valu projects 2025 adjusted EBITDA between C$257 mln and C$260 mln

Company anticipates 2025 adjusted net income per diluted share between C$1.63 and C$1.66

Result Drivers

RETAIL AND FRANCHISE SALES - Revenue growth driven by increased retail and franchise sales

SAME-STORE SALES GROWTH - Modest same-store sales growth of 2.3% driven by higher average spend and transaction volume

DISTRIBUTION EFFICIENCIES - New distribution centers contributed to maintaining gross profit margins

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
C$0.36
Q3 Adjusted Net Income
C$27.60 mln
Q3 Net Income
C$24.86 mln
Q3 Adjusted EBITDA
C$63.59 mln
Q3 Basic EPS
C$0.36
Q3 Operating Income
C$41.92 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

Wall Street's median 12-month price target for Pet Valu Holdings Ltd is C$41.00, about 12.9% above its November 3 closing price of C$35.70

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNXbLg5jF

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)