Pet Valu Holdings Reports Strong Fourth-Quarter Performance
Pet Valu Holdings reported better-than-expected fourth-quarter profit and revenue on Tuesday, defying a challenging consumer environment. The Canadian pet food and accessory retailer posted net income of 28.8 million Canadian dollars ($21.2 million), or C$0.40 a share, up from C$25.9 million, or C$0.36 a share, in the same quarter of the previous year.
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