Overview

* Pet Valu ( PTVLF ) 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 ( PTVLF ) 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/Mis Actual Consensu

s s

Estimate

Q3 EPS C$0.36

Q3 C$27.60

Adjusted mln

Net

Income

Q3 Net C$24.86

Income mln

Q3 C$63.59

Adjusted mln

EBITDA

Q3 Basic C$0.36

EPS

Q3 C$41.92

Operatin mln

g Income

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 ( PTVLF ) 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:

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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.)