Pet Valu Reports Third Quarter 2026 Results
Globe Newswire•10/11/2026•06:30 ET
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Key Highlights
- ➤Revenue $299.5 million, up 3.5% versus Q3 2025
- ➤Adjusted net income per diluted share $0.44, up 10.0%
- ➤Same-store sales growth was 1.5%, down from 2.3% in Q3 2025
- ➤2026 revenue growth outlook is now 2.5% to 3.5%
- ➤Adjusted EBITDA margin outlook is approximately 21.5% for 2026
Expert Statements
Greg Ramier, Chief Executive Officer of Pet Valu
“We delivered strong third quarter performance, highlighted by positive same-store sales growth and compelling earnings growth in a constrained consumer environment,”
Greg Ramier, Chief Executive Officer of Pet Valu
“These results reflect the appeal of our commercial plan, the disciplined execution of our teams and the unmatched scale of our stores and supply chain network.”
Greg Ramier, Chief Executive Officer of Pet Valu
“Reflecting the strength of year-to-date performance, we have updated our 2026 Outlook, including improved profit expectations,”
Greg Ramier, Chief Executive Officer of Pet Valu
“By focusing on the needs of devoted pet lovers and the elements within our control, we are reinforcing our industry leadership and positioning Pet Valu to drive sustainable, profitable growth in current market conditions.”
Same-Store Sales Growth((1)) +1.5%, Net Income +6% and Adjusted Net Income per Diluted Share((2)) +10% Updates 2026 Outlook
MARKHAM, Ontario, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Pet Valu Holdings Ltd. (“Pet Valu” or the “Company”) (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, today announced its financial results for the third quarter 2026.
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