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Thursday, May 2, 2024
HomePet Industry NewsPet Financial NewsPet Valu Holdings Full Year 2023 Earnings: EPS Beats Expectations

Pet Valu Holdings Full Year 2023 Earnings: EPS Beats Expectations

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Pet Valu Holdings (TSE:PET) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$1.06b (up 11% from FY 2022).

  • Net earnings: CA$89.5m (down 11% from FY 2022).

  • Profit margin: 8.5% (down from 11% in FY 2022). The lower in margin was pushed by larger bills.

  • EPS: CA$1.26 (down from CA$1.43 in FY 2022).

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All figures proven within the chart above are for the trailing 12 month (TTM) interval

Pet Valu Holdings EPS Beats Expectations

Revenue was in step with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%.

Looking forward, income is forecast to develop 7.7% p.a. on common through the subsequent 3 years, in comparison with a 7.5% progress forecast for the Specialty Retail business in Canada.

Performance of the Canadian Specialty Retail industry.

The firm’s shares are down 4.7% from every week in the past.

Risk Analysis

You ought to study concerning the 1 warning sign we’ve spotted with Pet Valu Holdings.

Have suggestions on this text? Concerned concerning the content material? Get in touch with us straight. Alternatively, electronic mail editorial-team (at) simplywallst.com.

This article by Simply Wall St is common in nature. We present commentary primarily based on historic information and analyst forecasts solely utilizing an unbiased methodology and our articles are usually not meant to be monetary recommendation. It doesn’t represent a advice to purchase or promote any inventory, and doesn’t take account of your targets, or your monetary state of affairs. We purpose to carry you long-term targeted evaluation pushed by elementary information. Note that our evaluation might not issue within the latest price-sensitive firm bulletins or qualitative materials. Simply Wall St has no position in any shares talked about.

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