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Pet Valu Holdings Ltd T.PET

Alternate Symbol(s):  PTVLF

Pet Valu Holdings Ltd. is a Canadian specialty retailer of pet food and pet-related supplies. The Company has over 800 corporate-owned or franchised locations across the country. Through its neighborhood stores and digital platform, the Company offers more than 9,000 competitively priced products, including an assortment of premium, super premium and holistic brands. Its family of stores consists of Pet Valu, Bosley’s by Pet Valu, Total Pet and Tisol Pet Nutrition & Supply. Its product categories include puppy essentials, dog food, dog treats, dog toys, dog collars, leashes & harnesses, dog carriers & travel, kitten essentials, cat food, cat litter & litter boxes, cat bowls & feeding, small pet food, treats & hay and aquariums, kits & tanks. Its brands include Performatrin Ultra, ACANA, Royal Canin, ORIJEN, Go! Solutions, Performatrin Prime, Hill's Science Diet, Big Country Raw, Open Farm and Stella & Chewy’s, Purina Proplan, Purina Pro Plan, and Weruva.


TSX:PET - Post by User

Post by retiredcfon Jun 05, 2024 10:18am
94 Views
Post# 36073057

ATB Resume Coverage

ATB Resume Coverage

Resuming coverage of Pet Valu Holdings Ltd.  following its secondary offering of 5.9 million shares to Roark Capital Management LLC, ATB Capital Markets’ Chris Murray reaffirmed an “outperform” recommendation and $41 target. The average is $37.59.

“With valuations looking increasingly attractive following the secondary and softer-than-expected Q1/24 results, we would look to add to positions as expectations for stronger same-store performance and new store openings in H2/24 positions the Company for a recovery heading into 2025,” he said.

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