MARKHAM, Ontario, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Pet Valu Holdings Ltd. (“Pet Valu” or the “Company”) (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, will release its financial results for the third quarter of fiscal 2025 at approximately 6:30am ET on Tuesday, November 4, 2025, followed by a conference call at 8:30am ET. To participate in Pet Valu’s conference call, please dial 1-833-950-0062 (ID: 645314). A live webcast of the call will also be available through ...

After five years of post-COVID volatility, pet-owning households are expected to increase by 1% each year through 2027, leaving pure play Chewy (NYSE:CHWY) positioned to capture a large chunk of the pet wallet. Betting on the “underdog” in the pet industry, MoffettNathanson raised ...

Core Insights - The article compiles significant research calls from Wall Street that are influencing market movements [1] Upgrades - Argus upgraded Ulta Beauty (ULTA) to Buy from Hold with a price target of $570, noting the company's fourth consecutive earnings beat despite underperforming the S&P 500 and industry ETF IYC over the past quarter [2] - Scotiabank upgraded CrowdStrike (CRWD) to Outperform from Sector Perform with a price target of $600, increased from $440, highlighting that CrowdStrike is "more competitively entrenched than ever" in core endpoint security [2] - BNP Paribas Exane upgraded Arista Networks (ANET) to Outperform from Neutral with a price target of $172, up from $125, identifying the company as a "key beneficiary" of the multi-year AI data center capex supercycle [2] - MoffettNathanson upgraded Chewy (CHWY) to Buy from Neutral with a price target of $48, indicating that the recovery in pet household formation will reduce volatility in Chewy's quarterly customer additions, although the path to above-consensus customer additions and adjusted EBITDA in FY26 "will not be linear" [2] - Seaport Research upgraded Intel (INTC) to Neutral from Sell without a price target, suggesting that while Intel is facing challenges, the stock may benefit from follow-on investments and potential near-term "stop-gap solutions" [2]

More than £160m has been wiped off the value of Britain’s biggest pet shop chain as a Covid-fuelled craze for cat and dog ownership comes to an end. Shares in Pets at Home fell at their steepest pace on record on Thursday, plunging by as much as 23pc to become the biggest faller on the FTSE 250. The slump was triggered by the company’s decision to slash its profit forecasts, blaming weaker sales in stores. Pets at Home said it was now expecting profit before tax of between £90m and £100m for the year ...

Pets At Home on Thursday said its CEO Lyssa McGowan had abruptly left the company after the British retailer issued its second profit warning in two months, sending shares down to their lowest since M... ...

Core Insights - Store closures are a significant trend in the retail sector, with many established chains reducing their physical presence and some filing for bankruptcy [2] - Petco Health and Wellness Company is reevaluating its brick-and-mortar operations as it faces challenges in improving its financial performance, with shares down nearly 16% year-to-date and 26% over the past year [3] Store Closures - Petco plans to close 25 locations in 2025, matching the number of closures in 2024, as net sales decreased by 2.3% to $1.5 billion in the second quarter, with comparable sales down 1.4% [4] - As of the end of the second quarter, 10 locations had already closed, reducing Petco's U.S. store count to 1,388 [4][5] - A review indicates that at least 13 Petco locations have closed in 2025, spanning 11 states and the District of Columbia [7]

Group 1 - Chewy, Inc. (NYSE:CHWY) experienced a significant decline in share price, falling by 16.6% to $35.11 following a steep drop in net income for Q2 [1][2] - The company's net income decreased by 79% to $62 million from $299.1 million year-on-year, while net sales increased by 8.4% to $3.1 billion from $2.86 billion [1][2] - Autoship customer net sales grew by 15%, representing 83% of total net sales for the quarter, indicating strong customer retention and recurring revenue [2][3] Group 2 - Chewy's active customer base grew by 4.5% year-over-year, reaching nearly 21 million customers, with the share of wallet (NSPAC) increasing to $591 [3]

Core Insights - The article discusses the earnings call insights compiled from various transcripts and content available on the Seeking Alpha website, emphasizing the limitations of AI-generated insights [1] Group 1 - The earnings call insights are based on transcripts and other content from Seeking Alpha, highlighting the reliance on AI tools for generating these insights [1] - There is a disclaimer regarding the accuracy, completeness, and timeliness of the earnings call insights, indicating that they have not been curated or reviewed by editors [1] - The insights are intended for informational purposes only and do not account for individual financial situations or objectives [1]

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Online pet company Bark announced last week it has promoted Michael Black to the newly created position of president of its core business, according to a press release. Black joined the company in 2024 as chief revenue officer. His previous experience includes serving as founder and president of consulting firm Paragon International Advisors and CEO of ...

Core Viewpoint - Chewy has demonstrated strong earnings growth and stock performance, outperforming the S&P 500, making it a potential investment opportunity [2][14]. Company Overview - Chewy is an online retailer specializing in pet supplies and veterinary care, offering a wide range of products including treats, toys, food, and prescription drugs [4]. - The company has expanded its revenue streams by opening veterinary clinics, which also helps introduce its e-commerce platform to new customers [4]. Financial Performance - In the first quarter of fiscal 2025, Chewy reported an 8% increase in sales to $3.1 billion, exceeding its guidance [6]. - The company achieved over $192 million in adjusted EBITDA, which is $29.8 million higher than the previous year [6]. - Chewy maintains a strong financial position with $616 million in cash and no debt [5]. Customer Engagement - Chewy's AutoShip service, which allows customers to set up automatic reorders, accounts for 82% of its net sales, indicating strong customer loyalty [8]. - The introduction of sponsored ads in 2023 has contributed significantly to gross margin gains, enhancing revenue growth [9]. Growth Strategy - Chewy aims to increase its adjusted EBITDA margin from 6.2% to a long-term goal of 10% through initiatives like AutoShip and sponsored ads [9]. - The company is actively repurchasing shares, using approximately $23 million of its free cash flow for this purpose [7]. Stock Valuation - Chewy's stock is currently trading at 32 times forward earnings estimates, which is higher than earlier in the year [10]. - Despite the increased valuation, the long-term prospects for Chewy remain positive, suggesting that the stock may still be a reasonable investment [12].