Pet Valu (TSE:PET) Releases Quarterly Earnings Results

Pet Valu (TSE:PET) released its quarterly earnings data on Tuesday. The company reported C$0.31 EPS for the quarter, FiscalAI reports. The company had revenue of C$287.94 million for the quarter. Pet Valu had a return on equity of 115.57% and a net margin of 8.32%.

Here are the key takeaways from Pet Valu’s conference call:

• PetValue reported Q1 revenue growth of 3% and systemwide sales up 2.5%, which management said was in line with the midpoint of its full-year guidance.
• Gross margin declined as customers leaned harder into promotions and value-seeking behavior, with management also citing pressure from higher fuel costs beginning to hit transportation, freight, and procurement.
• The company said it continued to gain share, with loyalty penetration reaching an all-time high near 90% and more casual customers converting into monthly shoppers.
• PetValue remains active on store expansion and digital growth, opening eight stores in the quarter and seeing strong momentum in click-and-collect, online delivery, and Autoship subscriptions.
• Management updated full-year 2026 guidance to reflect the tougher fuel-cost and promotional environment, now expecting about 2% to 4% revenue growth, roughly a 21% adjusted EBITDA margin, and continued share buybacks/dividends.

Pet Valu Stock Performance

PET traded down C$2.42 during trading on Tuesday, reaching C$17.34. 353,390 shares of the company traded hands, compared to its average volume of 201,549. The company has a market cap of C$1.19 billion, a P/E ratio of 12.47 and a beta of 1.27. Pet Valu has a 12-month low of C$17.10 and a 12-month high of C$39.24. The firm has a fifty day simple moving average of C$22.00 and a 200 day simple moving average of C$26.68.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Raymond James Financial decreased their target price on shares of Pet Valu from C$40.00 to C$31.50 and set an “outperform” rating on the stock in a research note on Wednesday, March 4th. Stifel Nicolaus decreased their price objective on shares of Pet Valu from C$37.00 to C$32.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Desjardins lowered their target price on shares of Pet Valu from C$38.00 to C$32.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. TD Securities dropped their target price on shares of Pet Valu from C$40.00 to C$34.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Finally, Barclays decreased their price target on Pet Valu from C$34.00 to C$28.00 and set an “overweight” rating on the stock in a report on Wednesday, March 4th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$31.17.

About Pet Valu

Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.