Looks Like a Nice Beat 07:24 AM EST, 03/09/2022 (MT Newswires) -- Pet Valu Holdings Ltd. (PET.TO), a retailer of pet food and pet-related supplies, reported Wednesday an adjusted EPS of $0.41 for the fourth quarter of fiscal 2021, rising from $0.31 booked a year ago.
Analysts polled by Capital IQ forecast Pet Value's adjusted EPS at $0.37.
Revenue grew 9.7% to $223.1 million, beating the analyst forecast of $213.8 million.
For 2022, Pet Valu expects to book an adjusted EPS of $1.37 to $1.44, compared with the 2021 adjusted EPS of $1.02. It estimated revenue at $845 million to $870 million, an increase from $776.0 million in 2021.
The company also raised its quarterly dividend to $0.06 per share, payable April 15 to shareholders of record as of March 31.