TSX:PETSpecialty Retail
Pet Valu (TSX:PET) Valuation: Assessing the Impact of Weaker Q3 Sales and a Lowered 2024 Outlook
Pet Valu Holdings (TSX:PET) shares slipped after the company posted softer-than-expected same-store sales in the third quarter. The decline was driven by cautious consumer spending and tougher competition. Management also trimmed its sales outlook for the year.
See our latest analysis for Pet Valu Holdings.
After a strong run-up earlier this year, Pet Valu Holdings’ stock has lost momentum, reflected in a steep 21.1% decline in its 1-month share price return and a 23.5% drop over the past 90...