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Pet Valu Holdings Ltd. (T:PET)

Business Focus: Pet & Pet Supplies Retailers

Sector:  Consumer Cyclicals Industry:  Miscellaneous Specialty Retailers
 
Company Contact
Address: 130 Royal Crest Court
MARKHAM ON L3R0A1
Tel: N/A
Website: https://investors.petvalu.com/overview/default.aspx
IR: See website
Key People
Richard D. Maltsbarger
President, Chief Executive Officer, Director
Linda Janet Drysdale
Chief Financial Officer
Liliane Bedrossian
Chief Accounting Officer
Christine Martin-Bevilacqua
Chief Administrative Officer
Tanbir Grover
Chief Digital and Marketing Officer
Catherine Johnston
Chief Legal Officer, General Counsel, Company Secretary
Kendalee Mackay
Chief Merchandising Officer
Nico Weidel
Chief Supply Chain Officer
 
Business Overview
Pet Valu Holdings Ltd. is a Canada-based specialty retailer and wholesaler of pet food and pet-related supplies. The Company's product offering includes its brands, in-store services and omni-channel capabilities. The Company's pet products specialize for dogs, cats, fish, birds, small pets and reptiles. The Company's local store offers various services, including grooming, adoption and self-serve spa, such as dog-wash. It provides puppy essentials, dog food, dog treats, dog toys, dog collars, leashes & harnesses and dog carriers & travel. It supplies toys, collars & leashes, apparel & accessories, health & wellness, clean up & waste control, pens & gates, aquariums & starter kits, fish care, water care and others. Its brands include Performatrin Ultra, ACANA, Hill's Science Diet, ORIJEN, Go! Solutions, Royal Canin, Performatrin Prime, Big Country Raw, Open Farm, Stella & Chewy's, Purina Pro Plan and Weruva. It operates 758 corporate-owned and franchised locations across the country.
Financial Overview
For the fiscal year ended 31 December 2023, Pet Valu Holdings Ltd revenues increased 11% to C$1.06B. Net income decreased 11% to C$89.5M. Revenues reflect Franchise and other revenues - Wholesale merchandise sales segment increase of 16% to C$500M, Retail Sales - Total increase of 5% to C$421.8M. Net income was offset by Merchandise Margins - Total - % decrease of 6% to 34.6%, 2021 Credit Agreement increase of 53% to C$23M (expense).
Employees: 2,185 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $2,900M as of Dec 31, 2023
Annual revenue (TTM): $1,056M as of Dec 31, 2023
EBITDA (TTM): $212.55M as of Dec 31, 2023
Net annual income (TTM): $89.55M as of Dec 31, 2023
Free cash flow (TTM): $57.88M as of Dec 31, 2023
Net Debt Last Fiscal Year: $708.68M as of Dec 31, 2023
Shares outstanding: 71,463,986 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization