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Bullboard - Stock Discussion Forum 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... see more

TSX:PET - Post Discussion

Pet Valu Holdings Ltd > National Bank
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Post by retiredcf on Oct 27, 2022 11:43am

National Bank

11:20 AM EDT, 10/27/2022 (MT Newswires) -- National Bank on Wednesday previewed Pet Valu Holdings Ltd.'s (PET.TO) third-quarter results while maintaining a sector perform rating with a price target of $42.

The analysts said demand is expected to remain strong amid elevated uncertainty.

The analysts projected third-quarter same-store sales growth of 11.2% as compared with 2021 at 20.3%. The same-store sales growth projection is based on basket growth of 3% and transaction growth of 8%.

The analysts projected sales of $234 million as compared with the consensus of $229 million.

The company's shares edged down 0.4% on last look on Thursday.

Price: 37.10, Change: -0.16, Percent Change: -0.43

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