Petco Health and Wellness

Petco Health & Wellness Company, Inc. engages in the provision of pet health and wellness services. It operates across the U.S., Mexico and Puerto Rico, including a growing network, store veterinary hospitals, and offer a complete online resource for pet health and wellness. The firm offers grooming, as well as in-store and online training. The company was founded in 1965 and is headquartered in San Diego, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Petco reports strong Q1 performance, reaffirms full-year guidance

Petco's Q1 performance reflects strong sales growth and a focus on strategic cost initiatives. The company's strengths include a robust vet business and strong sales on premium products. Challenges include consumer sentiment impact and the need for prudent Q2 commentary. Petco is focused on seizing opportunities in higher value profit pools and new marketing initiatives.

Petco reports Q2 growth but faces profitability challenges in discretionary segment

Petco's Q2 2023 performance showed growth in net revenue and comparable sales, but challenges in the discretionary environment impacted profitability. The company is focused on cost-saving measures and remains confident in capturing long-term opportunities in the pet category despite current challenges.

Petco outlines operational reset plan and introduces value brands

Petco's Q3 call highlighted a focus on delivering value, honing pricing, driving supply chain efficiency, and optimizing the labor model. The company aims to control controllables, bring more pets into their care ecosystem, and return to long-term growth and profitability.

Petco reports record sales in Q4 2022, eyes growth opportunities

Petco's strong Q4 performance reflects its resilience and strategic focus on pet health and wellness. While facing margin pressure and short-term challenges, the company is well-positioned to capitalize on growth opportunities in the pet market. Operational improvements and a loyal customer base support Petco's long-term success.

Petco reports robust Q1 performance, eyes growth in premium services

Petco's focus on services and strategic initiatives is propelling growth and resilience in the pet care sector. Despite facing consumer behavior changes and pricing challenges, the company remains optimistic about its long-term profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Shares of Petco Health + Wellness Company (WOOF) skyrocketed in intraday trading Wednesday after the pet supplies and veterinary care provider posted better-than-anticipated results and revenue guidance on higher sales of services.

Petco Posts Better-Than-Expected Results on Sales of Services

The pet products retailer reported declining sales and profits but beat estimates. Its outlook called for flat revenue in the second quarter.

Why Petco Stock Was Soaring Today

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF ) Q1 2024 Earnings Call Transcript May 22, 2024 8:00 AM ET Company Participants Benjamin Thiele-Long - Chief ESG and Chief Communications Officer Mike Mohan - Interim CEO Brian LaRose - CFO Conference Call Participants Seth Basham - Wedbush Securities Kaumil Gajrawala - Jefferies Steven Zaccone - Citi Anna Andreeva - Needham and Company Oliver Wintermantel - Evercore ISI Rene Marin - Guggenheim Justin Kleber - Baird Scott Stringer - Wolfe Research Michael Lasser - UBS Operator Good morning, and welcome to the Petco First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Petco Health and Wellness Company, Inc. (WOOF) Q1 2024 Earnings Call Transcript

Petco Health & Wellness (WOOF) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.06 per share a year ago.

Petco Health & Wellness (WOOF) Reports Q1 Loss, Tops Revenue Estimates

Petco Health and Wellness Co. Inc.'s stock soared 12% early Wednesday, after the operator of pet-care centers and mobile veterinary clinics posted a narrower-than-expected first-quarter loss and sales that topped estimates.

Petco's stock soars 12% premarket after narrower-than-expected loss, as CEO says company on track for return to profit

Q1 2024 Overview Net revenue of $1.5 billion decreased 1.7 percent year over year Comparable sales declined 1.2 percent year over year and increased 4.1 percent on a two-year basis GAAP net loss of $46.5 million, or $(0.17) per share, compared to GAAP net loss of $1.9 million, or $(0.01) per share in the prior year Adjusted Net Income1 of $(11.8) million, or $(0.04) per share, compared to $14.9 million, or $0.06 per share in the prior year Adjusted EBITDA1 of $75.6 million compared to $111.0 million in the prior year Operating Cash Flow of $(8.4) million compared to $37.7 million in the prior year Free Cash Flow 1 of $(41.1) million compared to $(24.4) million in the prior year SAN DIEGO , May 22, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, today announced its first quarter 2024 financial results. In the first quarter of 2024, Petco delivered net revenue of $1.5 billion, down 1.7 percent versus prior year.

Petco Health + Wellness Company, Inc. Reports First Quarter 2024 Earnings Results

Rocket Lab USA

Unity Software

Earlier last week, investor Keith Gill, better known as Roaring Kitty, returned to X, the social media platform formerly called Twitter. Roaring Kitty was a huge factor in the initial meme stock phenomenon back in 2021.

The Return of Meme Stock Mania? 3 Names to Bet On Now

IAMGOLD

Tilray Brands

Penny stocks are a horrible investment. Selling for less than $1 per share, penny stocks are cheap for a reason.

The 3 Most Undervalued Penny Stocks to Buy in May 2024

Canaan Inc.

Faraday Future Intelligent Electric

iPower Inc

AEye

Meme stocks are back in focus, with Gamestop NYSE: GME and AMC Entertainment NYSE: AMC gaining triple digits in hours. The next great meme trade could be around the corner, and the stocks on this list could be the winners.

These 5 Penny Stocks Just Surged Double Digits

Murphy to support leadership team's initiatives to improve profitability and drive long-term growth SAN DIEGO , May 14, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), today announced the appointment of Glenn Murphy as Executive Chairman of the Board of Directors, effective immediately. As Executive Chairman, Murphy will support the Petco leadership team's focus on improving profitability while implementing strategic actions to drive long-term growth.

Petco Health + Wellness Company, Inc. Announces Appointment of Glenn Murphy as Executive Chairman of the Board of Directors

Novavax

Plug Power

Although Wall Street is captivated by the artificial intelligence (AI) revolution, Nvidia's upside may be limited. Select Wall Street analysts expect far superior returns from three high-risk/high-reward small-cap companies.

Forget Nvidia: These 3 Small-Cap Stocks Offer Up to 557% Upside, According to Select Wall Street Analysts

SAN DIEGO , May 1, 2024 /PRNewswire/ -- On May 22, 2024, at approximately 7:00 a.m. Eastern, Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, will release its first quarter 2024 earnings results.

Petco Health and Wellness Company, Inc. to Host First Quarter 2024 Earnings Conference Call on May 22, 2024

Broadwind Energy

FuboTV

Generally speaking, undervalued stocks under $5 should be avoided. Yeah, I know that's not exactly the catchiest tagline to offer.

The 3 Most Undervalued Stocks Under $5 to Buy in April 2024

DiaMedica Therapeutics Inc

Granite Point Mortgage Trust

Nextcure

Payoneer Global

Purple Innovation

Terawulf

The bullish sentiment in the market is leading some investors to look at risk-on assets. Bitcoin may be an option, but for investors who prefer to stay in stocks, it may be time to look for some of the analysts' favorite penny stocks.

Wall Street's Favorite Penny Stocks? 7 Names That Could Make You Filthy Rich

AvePoint

Evotec SE

Sibanye Stillwater

Under Armour

United Microelectronics

Valley National

If you're on the hunt for stocks under $10, look no further. The stock market has been off to a scorching start in 2024.

Finding the Next Big Winners: 7 Stocks You Can Snag for Under $10

Nearly one in five American households adopted a pet during the pandemic, according to the ASPCA. Today, 60% of pet parents say they would rather spend more time with their pets than anyone else, according to a recent Petco survey; and nearly 70% are prioritizing their pets' health and preventative care as they do for themselves.

PSA: As Pandemic Pets Enter New Life Stages, Petco Shares Tips for Supporting Pet Health and Wellness

Bloom Energy

Denali Therapeutics

Grab Holdings Ltd

JD.com

Lithium Americas Corp

Li Auto Inc.

Stocks with moonshot potential are drawing attention amidst the current bullishness in the stock market. Despite the latest inflation reports pointing to a potential delay in the Federal Reserve's interest-rate cuts, the investing sentiment remains optimistic.

To the Moon and Beyond: 7 Stocks With Cosmic Potential

Shares of Petco Health and Wellness Company (WOOF) slumped Wednesday as the pet products retailer and operator of veterinary clinics posted another quarterly loss, gave weak guidance and made a shakeup in its leadership.

Petco Posts Another Loss and Issues Weak Guidance as CEO Steps Down

As shoppers continue to manage their budgets amid years of financial challenges, Petco has found itself caught unaware by the extent of pet parents' pull back, especially since this demographic was so reluctant to cut back in the first place.

Petco Steps Up Value After Being Blindsided by Deal-Seeking Behaviors

Ron Coughlin is also stepping down from the board, which has appointed R. Michael Mohan to serve as interim CEO.

Petco CEO Steps Down

Petco Health and Wellness Company, Inc. (WOOF) Q4 2023 Earnings Call Transcript

Shares of Petco Health and Wellness Company Inc (NASDAQ:WOOF) are 7% higher to trade at $2.74, but earlier was as high as $2.71 after the pet supply retailer's fourth-quarter revenue beat Wall Street's estimates.

Petco Stock Higher After Revenue Beat, C-Suite Change

Petco CEO, Chairman and board member Ron Coughlin stepped down from those roles Wednesday (March 13) and was succeeded by Interim CEO R. Michael (Mike) Mohan.

Petco Names Ex-Best Buy Executive Mike Mohan as Interim CEO

Petco Health & Wellness (WOOF) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.23 per share a year ago.

Petco Health & Wellness (WOOF) Meets Q4 Earnings Estimates

Ron Coughlin has served as Petco's CEO for more than five years and has been instrumental in transforming the company into a health and wellness business.

News for Petco Health and Wellness Stock (WOOF)