May 12, 2026
Pet Valu (PET) sold off 14% on its Q1 results, which came with flat same-store sales as expected…
… but missed big on margins, with pressure from higher fuel costs and value-seeking behaviour from consumers. With management expecting these trends to persist, the margin guide was taken lower…
… and investors are likely cautious on whether that holds, given the series of negative revisions in recent quarters.
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