Philanthropic program funds critical hub in Dog Guides' new training facility and achieves milestone of over 51,000 fur-ever homes for homeless pets

MARKHAM, ON, Dec. 4, 2024 /CNW/ - Pet Valu, the leading Canadian specialty retailer of pet food and pet-related supplies, proudly announced today that its Companions for Change™ program had its most successful fundraising year since inception, collecting more than $4.1 million in monetary and product donations to date in 2024 for Canadian animal rescues, shelters and charities. The philanthropic program also helped find fur-ever homes for more than 4,600 homeless pets across Canada this year.

MARKHAM, ON, Nov. 28, 2024 /CNW/ - Pet Valu Holdings Ltd. ("Pet Valu" or the "Company") (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, announced today the acceptance by the Toronto Stock Exchange (the "TSX") of the Company's notice of intention to renew its normal course issuer bid (the "NCIB"). Pursuant to the NCIB, the Company may purchase for cancellation up to an aggregate of 3,572,004 common shares in the capital of the Company (the "Common Shares"), representing approximately 5% of the Company's issued and outstanding Common Shares. As at November 18, 2024, the Company had 71,440,088 Common Shares issued and outstanding.

First Canadian retailer to offer Royal Canin in a frequent buyer program

MARKHAM, ON, Nov. 25, 2024 /CNW/ - Pet Valu, the leading Canadian specialty retailer of pet food and pet-related supplies, has announced that Royal Canin, one of the most recognized premium pet food brands in Canada, has joined the Company's popular Your Rewards loyalty program, through participation in its frequent buyer program. Underscoring the Company's leadership role in the Canadian pet retail industry, and our strong collaborative relationship and support of the Royal Canin brand, Pet Valu is pleased to be selected as the first Canadian retailer to offer Royal Canin in a frequent buyer program and provide value to our loyal Royal Canin shoppers.

Sees continued strength across key success metrics, while enhancing practices

MARKHAM, ON, Nov. 13, 2024 /CNW/ - Pet Valu Holdings Ltd. ("Pet Valu" or the "Company") (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, today released its Environmental, Social, Governance ("ESG") report for its fiscal year ended December 30, 2023. The second annual report provides an update of how the Company manages and measures key ESG factors that play a critical role in delivering its strategic, operational and financial aspirations.

Grows Revenue by 5%, Increases Adjusted EBITDA(1) by 13%, and Narrows 2024 Outlook

MARKHAM, ON, Nov. 5, 2024 /CNW/ - Pet Valu Holdings Ltd. ("Pet Valu" or the "Company") (TSX: PET),  the leading Canadian specialty retailer of pet food and pet-related supplies, today announced its financial results for the third quarter ended September 28, 2024.

Third Quarter Highlights

System-wide sales(2) were $358.2 million, an increase of 0.3% versus Q3 2023. Same-store sales growth(2) was -2.5%.Revenue was $276.0 million, up 5.2% versus Q3 2023.Adjusted EBITDA was $64.6 million, up 13.0% versus Q3 2023, representing 23.4% of revenue. Operating income was $40.4 million, up 8.0% versus Q3 2023.Net income was $23.2 million, up from $18.0 million in Q3 2023.Adjusted Net Income(1) was $29.9 million or $0.41 per diluted share, compared to $28.2 million or $0.39 per diluted share, respectively, in Q3 2023.Opened 6 new stores and ended the quarter with 805 stores across the network.Officially opened the new Metro Vancouver Region ("MVR") distribution centre.The Board of Directors of the Company declared a dividend of $0.11 per common share.

Pet-first digital holiday guide, pet wish lists, wish list contest and fundraising calendar for pets in need help create holiday magic for pets and devoted pet lovers

MARKHAM, ON, Nov. 1, 2024 /CNW/ - Pet Valu, Canada's leading specialty retailer of pet food and pet-related supplies, is inspiring devoted pet lovers to imagine and create a holiday season filled with magical, memorable moments with their pets. This month Pet Valu is launching a digital holiday guide, pet wish lists and a wish list contest along with a fundraising calendar to help pets in need.

MARKHAM, ON, Oct. 10, 2024 /CNW/ - Pet Valu Holdings Ltd. ("Pet Valu" or the "Company") (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, will release its financial results for the third quarter of fiscal 2024 at approximately 6:30am ET on Tuesday, November 5, 2024, followed by a conference call at 8:30am ET.

To participate in Pet Valu's conference call, please dial 1-833-950-0062 (ID: 638652). A live webcast of the call will also be available through the Events & Presentations section of the Company's website at https://investors.petvalu.com/.