11:29 AM EDT, 10/04/2024 (MT Newswires) -- Pet Valu ( PTVLF ) is expected to report third quarter results in early November.

National Bank is projecting third quarter EPS of $0.35, in line with consensus; last year was $0.39. Analyst Vishal Shreedhar forecasts third quarter sssg of -1.0% vs. last year's 4.2%. Shreedhar's projection reflects basket growth of 1.5% and transaction decline of 2.5%.

The company's sales are expected to improve beyond the quarter.

National Bank finds Pet Valu ( PTVLF ) to be attractive with respect to metrics like revenue growth, and EBITDA (growth and margin).

Maintain Outperform rating; price target is $30.

Price: 25.76, Change: +0.01, Percent Change: +0.04