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Pet Valu Holdings Ltd. (TSE:PET)
TSX:PET
Holding TSE:PET?
Track your performance easily
Earnings Data
Report Date
Mar 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.4Last Year’s EPS
0.54Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 16, 2021
|% Change Since: 2.52%
|Next Earnings Date:Aug 12, 2021
Earnings Call Sentiment|Positive
The earnings call reflected a resilient performance by Pet Valu amidst challenging economic conditions. While the company faced negative same-store sales growth and macroeconomic headwinds, it achieved notable revenue and adjusted EBITDA growth, driven by strategic investments in supply chain and franchise expansion. The increase in free cash flow and proactive cost management underscored the company's strong financial position. However, challenges such as increased competitive pressure and the need for further price adjustments were acknowledged.Company Guidance
In the Pet Valu Q3 2024 earnings call, management provided guidance indicating expectations for revenue between $1.08 billion and $1.1 billion, driven by the growth of their store network, increased wholesale penetration, and roughly flat same-store sales growth. Adjusted EBITDA is projected to be between $243 million and $246 million, with softer margins anticipated in Q4 due to promotional and advertising intensity and strategic pricing actions. The company expects adjusted net income per diluted share to be between $1.50 and $1.53. Despite economic headwinds, Pet Valu has generated over $61 million in free cash flow year-to-date, surpassing previous years and enabling the commencement of share buybacks. Looking forward, Pet Valu anticipates continued earnings growth, particularly in the second half of 2025, while maintaining focus on generating over $100 million in free cash flow.Revenue Growth
Despite flat system-wide sales and negative same-store sales growth, Pet Valu achieved over 5% revenue growth, driven by higher wholesale shipments and the addition of 50 franchise stores in the past 12 months.
Adjusted EBITDA Growth
Pet Valu reported a 13% growth in adjusted EBITDA, a significant financial accomplishment amidst challenging macroeconomic conditions.
Free Cash Flow Increase
Year-to-date, Pet Valu generated over $60 million in free cash flow, surpassing annual amounts in both 2022 and 2023, allowing earlier-than-expected share buybacks.
Supply Chain Transformation
Successful opening of a new distribution center in Surrey, BC, and significant advancements in supply chain capacity, supporting future store growth and improved operational efficiencies.
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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
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TSE:PET Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | C$25.36 | C$24.80 | -2.21% |
| Aug 06, 2024 | C$26.47 | C$25.10 | -5.18% |
| May 07, 2024 | C$31.66 | C$30.55 | -3.51% |
| Mar 05, 2024 | C$29.47 | C$29.50 | +0.10% |
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.
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FAQ
When does Pet Valu Holdings Ltd. (TSE:PET) report earnings?
Pet Valu Holdings Ltd. (TSE:PET) is schdueled to report earning on Mar 11, 2025, TBA Not Confirmed.
What is Pet Valu Holdings Ltd. (TSE:PET) earnings time?
Pet Valu Holdings Ltd. (TSE:PET) earnings time is at Mar 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:PET EPS forecast?
TSE:PET EPS forecast for the fiscal quarter 2024 (Q4) is 0.4.
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