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

The pet supplies retailer got a boost from a broad market rally.

Why Petco Health & Wellness Is Jumping 8% This Week

Partnership will increase access to veterinary and pet services with a seamless and unified system of care SAN DIEGO and COLUMBUS, Ohio , Oct. 27, 2022 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) and Nationwide, the largest pet insurer in the country, today announced plans for a multi-year partnership to co-develop integrated and affordable pet health, wellness and protection solutions for every stage of a pet's life, with the goal of better pet health and wellness outcomes for the more than 90 million pet families in the U.S.* Petco's fully integrated ecosystem of pet health and wellness solutions — including their more than 1,500 Petco pet care centers — and Nationwide's deep claims data set, and pet protection and insurance capabilities will be at the center of the comprehensive programs expected to be available in 2023. With the ability to cross-promote and market to each other's customer base and beyond, the pet-serving companies will leverage their collective infrastructure, expertise and more than 150 years of insights from a rapidly growing customer base of more than 25 million pet families.

Petco and Nationwide Join Forces to Bring Insurance and Care to More Pets

Times have been tough for shareholders of Petco Health and Wellness Company, with shares plummeting and profits down. But management has high hopes for the rest of the current fiscal year, even though guidance is lower than previously forecasted.

Petco Health And Wellness Company: Still A Great Prospect

Petco's holiday collection is bigger than ever before as more pet parents plan to involve pets in holiday gifting, up from last year SAN DIEGO , Oct. 3, 2022  /PRNewswire/ -- Nearly 80% of pet parents plan to include their pets in holiday gifting and the majority continue to be more excited about celebrating the season with their pets than other family members including their parents, siblings and in-laws.* This year, Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) is making the holidays even more special for pets and pet parents with the new More & Merrier collection and more convenient ways to shop, experience and give back this season.

Petco Unwraps One-Stop Holiday Shop to Help Pets and Pet Parents "Make More Merry" All Season Long

Pets are "part of the family," and spending on their health and well-being continues to rise.

These Growth Stocks Are Capitalizing on a Winning Trend. Time to Buy?

SAN DIEGO , Sept. 6, 2022 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (the "Company" or "Petco") (Nasdaq: WOOF) today announced that the Company will present at the Goldman Sachs 29th Annual Global Retailing Conference on Wednesday September 7, 2022 at 4 p.m.

Petco to Present at Goldman Sachs 29th Annual Global Retailing Conference

Axon Enterprise

DoorDash

Mobilicom 

Rocket Lab USA

Uranium Royalty Corp

In almost every case, financial advisors will steer investors away from high-risk stocks to buy, in part because such experts don't want to be held liable for giving terrible guidance. For the record, it's the same case here.

7 High-Risk Stocks to Buy for Huge Rewards

Best Buy

Foot Locker

Investors looking for a turnaround play in retail with Bed Bath & Beyond would be better served taking a look at these three stocks.

Forget Bed Bath & Beyond: These 3 Stocks Are Screaming Bargains

Petco to host Halloween-themed live social commerce event on Oct. 3, the brand's first-ever on YouTube, featuring pet health and wellness tips and adoptable pets SAN DIEGO , Aug. 31, 2022 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) is helping pet parents brew up the best Halloween ever with the latest "Bootique" collection, now available at all Petco pet care centers, at petco.com and via the Petco app. The line features perennial favorites and new innovation spanning an expanded selection of toys, treats, themed apparel, home products and novel offerings for all family pets.

Petco Unveils Annual "Bootique" Collection with Expanded Halloween Offerings, New Night Safety Gear from Reddy

Petco sees big opportunity in the small pets market, and is betting owners of birds, hamsters, and reptiles are as devoted to their pets as dog and cat owners.

Petco Targets 33 Million Owners Of Birds, Hamsters, And Other Small Pets With Expanded Loyalty Program

In an effort to raise its subscription revenue, Petco is looking beyond dogs and cats. The company is expanding its health and wellness membership program Vital Care — until now just open to dogs and cats — to include birds, fish, reptiles and small pets, according to a Tuesday (Aug. 30) news release.

Petco Looks to Fish, Birds, Snakes to Boost Subscription Revenue

First-of-its-kind health and wellness plan for all species of pets makes comprehensive pet care more convenient, accessible and affordable SAN DIEGO , Aug. 30, 2022 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced the expansion of Vital Care , its paid health and wellness membership program, to now include birds, reptiles, fish and small pets. Previously only available for dogs and cats, Vital Care unlocks the best of Petco through exclusive savings and rewards on nutrition, supplies, services, veterinary care and more with benefits tailored to each species' individual needs.

Petco Expands Revolutionary Vital Care Membership to Include Birds, Reptiles, Fish and Small Pets

This profitable growth stock offers a lot more than just pet food.

This Growth Stock Is Down, but Buying the Dip Now Could Be a Genius Move

SAN DIEGO , Aug. 26, 2022 /PRNewswire/ -- Following recent, preventable outbreaks of deadly Parvovirus, and in the midst of Petco Love's Vaccinated and Loved initiative to provide 1 million free vaccines for pet parents in need, Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) is reminding pet parents about the importance of vaccinating their beloved pets, and urging them to visit their veterinarian or make an appointment with their local vaccination clinic to ensure their pets are up to date on all relevant vaccines. "Proper vaccinations are an essential and critical preventive care element of every pet's overall health and wellness," said Dr. Whitney Miller, DVM, MBA, DACVPM and Chief Veterinarian at Petco.

PSA: Petco and Non-Profit Petco Love Reinforce the Importance of Vaccinations as Part of Routine Pet Care

Petco is betting that people who consider their pets to be family will continue to spend extra for items like human-grade frozen meals.

Petco Leans Into The Pet Humanization Trend With New Frozen Meals For Dogs

While Americans may love their furry friends, that sentiment failed to deliver for Petco (NASDAQ: WOOF ) and its second-quarter earnings report, sending WOOF stock plunging Wednesday morning. Shares slipped 6% earlier today before extending losses to about 8% in the early afternoon.

Why Is Petco (WOOF) Stock Falling 6% Today?

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF ) Q2 2022 Earnings Conference Call August 24, 2022 8:30 AM ET Company Participants Benjamin Thiele-Long - Director, Executive and Business Communications Ron Coughlin - Chairman & CEO Brian LaRose - CFO Conference Call Participants Kate McShane - Goldman Sachs Stephanie Wissink - Jefferies Anna Andreeva - Needham & Company Seth Basham - Wedbush Securities Steven Zaccone - Citi Simeon Gutman - Morgan Stanley Chris Bottiglieri - BNP Paribas Exane Elizabeth Suzuki - Bank of America Michael Lasser - UBS Peter Benedict - Baird Oliver Wintermantel - Evercore ISI Steven Forbes - Guggenheim Operator Good morning, and welcome to Petco's Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Petco Health and Wellness Company, Inc. (WOOF) CEO Ron Coughlin on Q2 2022 Results - Earnings Call Transcript

Not immune to inflationary economics, pet supply is dealing with the same headwinds as other consumables sectors, but with the cushion of pet parent love upholding some areas, particularly in subscriptions where savings and perks stretch pet care dollars. This was evident on Petco's second-quarter earnings call Wednesday (Aug.

Petco's Recurring Subscription Revenues Cushion Consumer Downshift

Petco Health and Wellness Company Inc (NASDAQ:WOOF) is sinking today, last seen down 6.6% at $14.70 following the pet supply retailer's second-quarter earnings report.

Petco Stock Plummets on Earnings Miss, Slashed Forecast

The company said the pet category remains resilient but cut its revenue and earnings guidance for the year.

Petco Cuts Full-Year Outlook, Stock Falls

Petco (WOOF) delivered earnings and revenue surprises of -17.39% and 0.46%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Petco Health & Wellness (WOOF) Q2 Earnings and Revenues Lag Estimates

II-VI Incorporated

These stocks are making big moves following key news.

The 2 Nasdaq Stocks to Watch Wednesday

Petco and industry pioneer JustFoodForDogs co-developed new WholeHearted Fresh Recipes Fresh and frozen pet food category is set to grow to $4 billion by 2025 Pet humanization trend being driven by Millennial and Gen Z pet parents SAN DIEGO, Aug. 24, 2022 /PRNewswire/ -- Committed to making better pet nutrition more accessible, Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced the launch of a WholeHearted Fresh Recipes line offering frozen nutrition for dogs. Petco's continued investment in artificial-free* pet nutrition is in direct response to strong growth in pet parent demand for high-quality, minimally processed pet food.

Petco Expands Popular WholeHearted Line with New, Human-Grade Fresh Food for Dogs

Petco Health & Wellness Inc. shares WOOF, +0.19% slid 6% in premarket trade Wednesday, after the pet health and care company posted weaker-than-expected second-quarter earnings and offered guidance that lagged estimates. The San Diego, Calif.

Petco Health & Wellness shares down 6% premarket after earnings miss and guidance that lags estimates

Petco shares have soared over the last month, tacking on nearly 10% in value and posting market-beating returns.

News for Petco Health and Wellness Stock (WOOF)