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Pet Valu Announces Strong Q3 Results and Dividend

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Pet Valu Announces Strong Q3 Results and Dividend

Pet Valu Holdings Ltd. (TSE:PET) has released an update.

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Pet Valu Holdings Ltd. reported a 5% increase in revenue and a 13% rise in Adjusted EBITDA for the third quarter of 2024, driven by strategic supply chain enhancements and new store openings. The company also declared a dividend of $0.11 per share, highlighting its financial strength despite a challenging demand environment. Pet Valu is gearing up for the holiday season with a refreshed product lineup and expanded digital platform.

For further insights into TSE:PET stock, check out TipRanks’ Stock Analysis page.

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