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Pet Valu Holdings Ltd. ( (TSE:PET) ) just unveiled an announcement.
Pet Valu Holdings Ltd. reported a 4% increase in revenue and a 7% rise in adjusted EBITDA for the fiscal year 2024, with net income reaching $87 million. The company opened 19 new stores, bringing its total to 824, and declared a 9% increase in its quarterly dividend. Looking ahead to 2025, Pet Valu anticipates further growth with expected revenue between $1.17 and $1.20 billion, and plans to complete its supply chain transformation to enhance same-store sales and profit growth.
More about Pet Valu Holdings Ltd.
Pet Valu Holdings Ltd. is a leading Canadian specialty retailer focused on pet food and pet-related supplies. The company operates a network of stores across Canada, offering a wide range of products for pet owners.
YTD Price Performance: -7.29%
Average Trading Volume: 55,699
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.66B
For an in-depth examination of PET stock, go to TipRanks’ Stock Analysis page.