TSX:PET - Post Discussion
Post by
retiredcf on Nov 12, 2022 2:10pm
Globe & Mail Stars & Dogs
Pet Valu Holdings (STAR) PET VALU HOLDINGS LTD
$37.22+0.38 (1.03%)
PAST FIVE DAYS
Most people associate Pet Valu with dog and cat food. But did you know it also offers a wide selection of reptile treats, from freeze-dried mealworms to crunchy crickets? Go on. Try to eat just one. Investors have been going back for seconds of Pet Valu’s shares after the retailer posted strong third-quarter results, including revenue growth of 21.9 per cent that was driven by new store openings and a double-digit increase in same-store sales. Even as Pet Valu subsequently announced a secondary bought-deal share offering below the market price, the shares still finished the week in the black. That calls for another turtle stick.
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