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

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TSX:PET - Post Discussion

Pet Valu Holdings Ltd > ATB Raise Target

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Post by retiredcf on Mar 06, 2024 9:53am

ATB Raise Target

ATB Capital Markets’ Chris Murray to $42 from $41 with an “outperform” rating.

“While same-store growth in Q4/23 and the 2024 outlook was below ATBe, we remain constructive on PET’s overall growth/margin outlook and expect moderating CapEx requirements and franchise-led growth to support a strong FCF profile over the near term,” said Mr. Murray.