Pet Valu raises full-year outlook, beats analyst Q3 estimates - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Pet Valu raised its full-year outlook for the third quarter in a row Tuesday after the company beat analyst expectations in its latest quarter.

for the third quarter in a row Tuesday after the company beat analyst expectations in its latest quarter.

Pet Valu reported Tuesday that it generated $244.7 million in its third quarter, a 22 per cent gain compared to the same period a year ago. "We continue to see robust signals from devoted pet lovers across Canada as our team and franchisees work tirelessly to provide value to our customers," Richard Maltsbarger, president and chief executive officer of Pet Valu, said in a press release. He added that the retailer expects growing sales into the holiday shopping season.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'The power has shifted': The helium industry is on the verge of change - BNN BloombergThe helium industry is still a niche market with no public spot price for the product. As more prospectors enter the growing space, they’re finding out that it’s a bit of a black market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

The Week Ahead: Rogers earnings; U.S. CPI - BNN BloombergA look at what investors will be watching in the upcoming week.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Enbridge CEO says federal incentives for clean tech will spur investment in Canada - BNN BloombergThe new incentives for clean energy development in the federal government's fall fiscal update will make a real difference in helping to attract investment capital to Canada, the chief executive of Enbridge said Friday.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

​Energy industry decries buyback tax: 'It's truly tragic' - BNN BloombergCanada's oil and gas industry says the federal government has missed the mark with its plan to tax share buybacks, arguing it could discourage investment in the domestic energy industry. let's destroy what seniors rely on for their investments to grow, yeah that's smart. How about we create something, instead of always blaming and taking all the time. losers I tell you. I'm sure corporate creative accountants can figure ways around it.....fking Joe public is their forte....... They do not want investment in traditional engery. We are the country who will be able to breath but not eat.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Canadian banks readying for carbon offsets to go big, even as doubts remain - BNN BloombergBanks know a growth market when they see it, and they're increasingly seeing one in the buying, selling and generating of carbon offsets. Lol
Source: BNNBloomberg - 🏆 83. / 50 Read more »