Announced its financial results for the fourth quarter ended December 30, 2023. Revenue was $286.9 million, up 7.8% versus the prior year, similar to system-wide sales growth. Adjusted EBITDA was $71.3 million, up 20.2% versus the prior year, representing 24.8% of revenue. Operating income was $48.3 million, up 13.8% versus the prior year. Net income was $28.8 million, up from $25.9 million in the prior year. Pet Valu Holdings Ltd. shares T.PET are trading down $1.02 at $28.94.