Pet Valu Holdings Ltd. (TSE:PET)
TSX:PET
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.35Last Year’s EPS
0.38Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced results: the company delivered top-line growth, strong loyalty traction, omnichannel momentum, supply chain efficiencies, and maintained a strong balance sheet with active share buybacks. However, near-term profitability was pressured by higher promotional penetration, the annualization of prior price investments, a sharp fuel cost increase (~40%) that is raising transportation and procurement costs, flat same-store sales and softness in discretionary categories. Management provided an updated, achievable FY2026 outlook (2%–4% revenue growth, ~21% adjusted EBITDA margin) and outlined concrete actions (commercial optimization and SG&A leverage) to restore margins sequentially.Company Guidance
Revenue Growth on Guidance Midpoint
Q1 revenue of $288M, up 3% year-over-year; system-wide sales $375M, up 2.5% YoY — growth at the midpoint of the company's full-year 2026 revenue guidance (2%–4%).
Record Loyalty Penetration and Strong Subscription Momentum
Loyalty penetration reached an all-time record of ~90% in Q1; company converted more casual customers into monthly shoppers and reported strong growth and low churn in its AutoShip subscription service.
Omnichannel & E‑commerce Strength
Digital channels outpaced overall sales growth, with particularly strong performance in click-and-collect and online delivery (Uber/Instacart/DoorDash). Company noted online delivery customers over‑index in in-store-only products and said digital profitability profiles align with in-store purchases.
Network Expansion and Store Conversions
Opened 8 stores in Q1 and ended the quarter with 870 stores; 41 new locations over the last 12 months and pacing ~40 store openings in 2026. Converted stores (130 in 2025; ~40 planned in 2026) are outperforming on culinary-specific and total store sales.
Supply Chain & Operational Efficiency Gains
Implemented labor management system in the Brampton DC and activated inbound transportation management systems; delivered distribution cost leverage and maintained industry-leading on-time in-full service levels to stores and franchisees.
Strong Financial Position & Capital Returns
Liquidity > $180M and leverage of 2.3x (including net lease obligations). Q1 free cash flow $13M and trailing four-quarter free cash flow conversion at 40%. Repurchased ~600,000 shares for $15M in Q1 and an additional $10M in Q2-to-date; net CapEx $7M in Q1 with full-year guidance ~ $20M.
Product Innovation and Merchandising Momentum
Launched Item of the Month, exclusive WAGLAB line, and new proprietary product innovations (Performatrin Prime Digestive Care; frozen raw for cats); proprietary brands and new programs helped drive trade-up and basket building.
Updated, Achievable 2026 Outlook
Updated full-year outlook: revenue growth of 2%–4% (52-week comparable), flat to +2% same-store sales, slight increase in wholesale penetration, and adjusted EBITDA margin ~21%. Management expects ~2/3 of margin improvement from SG&A leverage and ~1/3 from commercial adjustments.
TSE:PET Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:PET Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | C$19.76 | C$17.00 | -13.97% |
Mar 03, 2026 | C$28.10 | C$25.04 | -10.89% |
Nov 04, 2025 | C$35.33 | C$29.64 | -16.11% |
Aug 05, 2025 | C$32.84 | C$35.44 | +7.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pet Valu Holdings Ltd. (TSE:PET) report earnings?
Pet Valu Holdings Ltd. (TSE:PET) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Pet Valu Holdings Ltd. (TSE:PET) earnings time?
Pet Valu Holdings Ltd. (TSE:PET) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:PET EPS forecast?
TSE:PET EPS forecast for the fiscal quarter 2026 (Q2) is 0.35.