Pet Valu offers rosy outlook as it grows market share in lucrative pet industry - BNN Bloomberg

Canadian pet food and supplies retailer Pet Valu offered an ambitious outlook for 2023 on Tuesday, saying it expects to grow revenue, increase sales and expand its share of the lucrative pet industry market this year.

Canadian pet food and supplies retailer Pet Valu Holdings Ltd. offered an ambitious outlook for 2023 on Tuesday, saying it expects to grow revenue, increase sales and expand its share of the lucrative pet industry market this year.

"As a result of that humanization, we've seen a premiumization across the industry as people really lean into higher quality products and food with human-grade ingredients." The outlook for 2023 came as the company raised its dividend and reported a profit of $25.9 million in its latest quarter, down from $26.7 million a year earlier.

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:

BNNBloomberg /  🏆 83. in CA

Canada Latest News, Canada Headlines

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

Pet Valu offers rosy outlook as it grows market share in lucrative pet industry - BNN BloombergCanadian pet food and supplies retailer Pet Valu offered an ambitious outlook for 2023 on Tuesday, saying it expects to grow revenue, increase sales and expand its share of the lucrative pet industry market this year.
Read more »

The Daily Chase: Pet Valu hikes dividend; Looking toward BoC rate announcement - BNN Bloomberg​North American equity market futures are pointing to a modestly higher open after yesterday's mixed results.
Read more »

Pet Valu Holdings raises quarterly dividend as it reports $25.9-million quarterly profitPet Valu Holdings says it will now pay a quarterly dividend of 10 cents per share, up from six cents per share
Read more »

Pet Valu Holdings reports $25.9M Q4 profit, raises quarterly dividend - BNN BloombergCanadian pet food and supplies retailer Pet Valu Holdings Ltd. offered an ambitious outlook for 2023 on Tuesday, saying it expects to grow revenue, increase sales and expand its share of the lucrative pet industry market this year.
Read more »

Blackjacks bring back guard Kadre GrayThe Ottawa Blackjacks are bringing Canadian guard Kadre Gray back for the 2023 CEBL season.
Read more »

Kadre Gray returns to the BlackJacksThe Ottawa Blackjacks are bringing Canadian guard Kadre Gray back for the 2023 CEBL season.
Read more »