Pet Valu Holdings Ltd. (PET) Q4 2025 Earnings Call

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WEBVTT 00:00:01.870 -- 00:00:03.572 Good morning, everyone, and thank you for standing by. 00:00:03.572 -- 00:00:08.478 Welcome to PEC Values fourth quarter 2025 earnings conference call. 00:00:08.478 -- 00:00:11.141 My name is Harry and I'll be coordinating today's call. 00:00:11.141 -- 00:00:14.565 All lines have been placed on mute to prevent any background noise. 00:00:14.565 -- 00:00:18.811 Please note that following the formal remarks, there will be a question and answer session. 00:00:18.811 -- 00:00:22.495 If you would like to ask a question at that time, please press star one on your telephone 00:00:22.495 -- 00:00:28.077 keypad. If you're using a speakerphone, please lift the handset before pressing any keys. 00:00:28.077 -- 00:00:32.442 We kindly request that you limit your time to one question, plus a follow-up before cycling 00:00:32.442 -- 00:00:37.668 back into the queue, so that we allow time for as many of you to ask questions as possible. 00:00:37.668 -- 00:00:41.973 I would now like to turn the call over to James Allison, Investor Relations at PetValue. 00:00:41.973 -- 00:00:44.654 Please go ahead, Mr. Allison. 00:00:44.716 -- 00:00:48.180 Good morning, and thank you for joining PetValue's call to discuss our fourth quarter 00:00:48.180 -- 00:00:52.685 2025 results, which were released earlier this morning and can be found on our website 00:00:52.685 -- 00:00:54.826 at investors.petvalue.com. 00:00:55.955 -- 00:01:01.043 With me on the call is Greg Ramier, Chief Executive Officer, and Linda Drysdale, 00:01:01.043 -- 00:01:03.606 Chief Financial Officer. 00:01:03.606 -- 00:01:07.111 Before we begin, I would like to remind you that management may make forward-looking 00:01:07.111 -- 00:01:11.197 statements, which includes guidance and underlying assu...