Pet Valu Holdings Ltd. (PET) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

up before stepping back into the question queue so that we can allow time for as many people to ask questions as possible. I would now like to turn the call over to James Allenson, Investor Relations at Petvalue. Mr. Allenson, please go ahead. Good morning and thank you for joining Petvalue's call to discuss our second quarter 2025 results which were released earlier this morning and can be found on our website at .petvalue.com. With me on the call is Richard Maltzberger, Chief Executive Officer, then the Dry Sale Chief Financial Officer, and Greg Ramier, President and Chief Operating Officer. Before we begin, I would like to remind you that management may make forward-looking statements which include guidance and underlying assumptions. Forward-looking statements are based on expectations that involve risks and uncertainties which could cause actual results to differ material from those expressed today. For a broader description of risks related to our business, please see our Q2 2025 MD&A, 2024 Annual Information Form, and other filings available on CDAR+. Today's remarks will also be accompanied by an earnings presentation which can be viewed through our live webcast and is also available on our website. Now I would like to turn the call over to Richard. Thank you, James, and good morning, everyone. We are pleased to report another quarter of strengthening performance as devoted pet lovers increasingly chose Petvalue for our balance of quality, convenience, value, and expertise for their pet care needs. All in, this helped drive Q2 results at or ahead of our expectations across all key financial indicators. Same-store sales grew 2.6%, marking the third consecutive quarter of accelerated growth, accompanied by a return to positive growth in same-store transactions,...