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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Pet Valu
Pet Valu (PET) investor relations material
Pet Valu Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary10 Nov, 2026
Executive summary
Q3 revenue rose 3.5% YoY to $299.5M; same-store sales returned to growth at 1.5%.
Systemwide sales increased 3.9% to $388.6M, with seven store openings bringing the network to 882 locations.
Financial highlights
Adjusted EBITDA increased 4.8% to $66.6M; adjusted net income rose 8.0% to $29.8M.
Adjusted net income per diluted share rose 10.0% to $0.44; reported diluted EPS was $0.39 versus $0.36.
Operating income was $43.4M, up 3.4% YoY; net income was $26.3M, up 5.8%.
Outlook and guidance
FY2026 52-week comparable revenue growth is expected at 2.5%-3.5%, with adjusted EBITDA margin of ~21.5% and adjusted net income per diluted share growth in the low single digits.
Outlook assumes ~37 new stores, same-store sales growth of flat to 1%, and higher wholesale penetration.
FY2026 business reinvestment is forecast at ~$30M, including ~$18M net capex and ~$12M transformation costs.
Guidance reflects value-seeking demand and higher fuel costs, partly offset by operating expense leverage; FY2025’s 53rd week contributed an estimated ~2% to reported revenue, adjusted EBITDA and adjusted net income.
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Latest events from Pet Valu
- Q4 adjusted earnings surged as FY2024 guidance targets sales and store growth.PET
Q4 2023 - Q2 2026 saw up to 4% revenue growth, higher net income, and guidance reaffirmed for stable margins.PETQ2 2026
- All motions passed as 2025 revenue rose 7% and record shareholder returns were delivered.PETAGM 2026
- Revenue up 3.2% year-over-year, but margins and net income declined amid higher costs.PETQ1 2026
- 2026 guidance projects 2–4% revenue growth, stable margins, and strong shareholder returns.PETQ4 2025
- Q2 revenue up 6%, 2025 outlook raised, and CEO succession announced.PETQ2 2025
- Revenue and EBITDA rose, but net income fell and 2024 guidance reflects flat same-store sales.PETQ2 2024
- Q3 revenue up 5.2% and adjusted EBITDA up 13%, with strong cash flow and robust 2024 outlook.PETQ3 2024
- Revenue and EBITDA rose in 2024; 2025 targets higher growth and 40 new stores.PETQ4 2024
Next Pet Valu earnings date
Q4 20269 Mar, 2027
Pet Valu
Next Pet Valu earnings date
Q4 20269 Mar, 2027
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Frequently asked questions
Pet Valu Holdings Ltd. is a Canadian retailer of pet food, supplies, and services. The company operates a network of corporate-owned and franchised stores, offering a wide range of pet products, including nutrition, grooming, and accessories for dogs, cats, fish, birds, and small animals. Pet Valu also provides specialty services such as self-serve pet washing stations and grooming support. Pet Valu Holdings Ltd. is headquartered in Markham, Canada, and its shares are listed on the TSX.