Pet Valu Profit Rises, Raises Revenue Outlook

The Markham-based pet retailer reported higher third-quarter earnings and lifted its full-year revenue growth expectation.

Updated on Nov. 10, 2026 in Pet Health

Bold flat-color vector editorial illustration of stacked sealed pet-food sacks on a pallet beside bins of kibble, evoking steady retail supply for a pet-products company. — Pet Valu Holdings Ltd. earned $26.3 million in the third quarter, up from $24.9 million a year earlier, and raised its full-year revenue growth outlook to 2.5 to 3.5 per cent. AI Illustration. Upload story photo >

Pet Valu Holdings Ltd. earned $26.3 million, or 39 cents per diluted share, in the third quarter, up from $24.9 million, or 36 cents, a year earlier. The company now expects full-year revenue growth between 2.5 and 3.5 per cent.

Why it matters

The stronger quarter and raised outlook suggest improved sales for the Canadian pet-products retailer after a prior forecast of two to four per cent growth. The results offer a read on demand for pet supplies and services across the country.

Third-quarter revenue rose to $299.5 million from $289.5 million, while adjusted earnings reached 44 cents per diluted share compared with 40 cents a year earlier. The figures come from company-reported results, and the report does not detail which product lines drove the increase.

The players

Pet Valu Holdings Ltd.

A Canadian retailer of pet food, supplies and services headquartered in Markham, Ontario, operating stores across the country.

The details

Pet Valu's third-quarter sales increased from the year-earlier quarter, and profit rose with them. The company raised its full-year revenue growth outlook and expects full-year adjusted net income per diluted share growth in the low single digits.

2025 third quarter: prior-year comparison results reported.
November 10, 2026: third-quarter results reported and outlook raised.

Market Landscape

The raised outlook narrows Pet Valu's earlier two-to-four per cent revenue growth expectation to a range of 2.5 to 3.5 per cent. It indicates the company is tracking toward the middle of its prior range as it closes its fiscal year.

Canadian pet owners may see the retailer's continued sales growth reflected in store offerings and services as it expands. The results do not indicate any change to pricing or product availability for consumers.

The takeaway

Steady revenue growth at a major Canadian pet retailer points to continued consumer spending on pet care. Readers tracking the sector can watch future quarterly results for whether the revised outlook holds.