Petz announces strong results

In August, Petz celebrates its 23rd anniversary. As one of the milestones of this celebration, the company strengthens its sustainability journey with the release of the new Sustainability Report. Petz Group’s 2024 Sustainability Report highlights significant progress across environmental, social, and governance (ESG) pillars.

Key achievements include the adoption of 7,100 pets through the Adote Petz program, with 6.9 mn Brazilian Real (1.27 mn dollars) invested in animal welfare. The initiative now spans 122 stores and partners with 137 organizations. Petz recycled 1,060 tons of waste, avoided 2 mn packages via its Conscious Delivery initiative, and launched Bobina Zero, replacing paper receipts with digital invoices. The company also developed a Climate Risk Matrix and expanded low-emission logistics using bikes and electric vehicles.

A few days earlier, Grupo Petz had presented its report for Q2. In it, it reported gross revenue of 1.065 bn Brazilian Real (195.8 mn dollars), which represents an increase of 8.6% over the previous year, attributable to balanced growth in the B2C and B2B segments.

The company achieved adjusted EBITDA of 83.6 mn Brazilian Real (15.3 mn dollars), an increase of 39.5% over the previous year, with margins expanding to 7.8% of gross revenue. Adjusted net income reached 18.5 mn Brazilian Real (3.4mn dollars), an increase of 81.8% over the previous year.

Petz closed the first half of 2025 by consolidating the growth recovery trajectory that began in 3Q24. Despite a challenging start to the year – marked by one-off expense pressure and temporary impacts on Distribution Center operations – the performance in 2Q25 demonstrated the resilience of the business model and the team's ability to respond swiftly and consistently to challenges faced.

Private label brands maintained their growth trajectory, reinforcing their strategic role in differentiating our value proposition. The strong performance of the toy and accessory lines, as well as Selections pet food, confirms the effectiveness of Petz' strategy to offer high-quality products with distinctive design and competitive pricing – driving greater profitability and customer engagement. In the quarter, private labels grew 43%.

“The stores gamification strategy, launched in 2024, continues to be a success case,” the company explains. “The new sales championship – launched in July and running through November – has sustained high levels of team engagement, driving performance, and delivering tangible results in both sales and customer experience.”