Pet Valu Holdings Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 262.29 million compared to CAD 244.72 million a year ago. Net income was CAD 17.98 million compared to CAD 26.99 million a year ago. Basic earnings per share from continuing operations was CAD 0.25 compared to CAD 0.38 a year ago. Diluted earnings per share from continuing operations was CAD 0.25 compared to CAD 0.38 a year ago.
For the nine months, revenue was CAD 768.96 million compared to CAD 685.65 million a year ago. Net income was CAD 60.78 million compared to CAD 74.89 million a year ago. Basic earnings per share from continuing operations was CAD 0.85 compared to CAD 1.06 a year ago. Diluted earnings per share from continuing operations was CAD 0.84 compared to CAD 1.04 a year ago.