Financial Performance - Net sales decreased from $1.53 billion to $1.49 billion, representing a period-over-period decrease of 2.3%[82] - Operating income improved to $16.4 million, compared to an operating loss of $16.8 million in the prior year period[82] - Net loss attributable to Class A and B-1 common stockholders decreased from $46.5 million to $11.7 million[82] - Adjusted EBITDA increased from $75.6 million to $89.4 million[82] - Comparable sales change was a decline of 1.3% for the thirteen weeks ended May 3, 2025[84] - Adjusted EBITDA for the thirteen weeks ended May 3, 2025, was $89.4 million, compared to $75.6 million for the same period in 2024, representing a 18.2% increase[96] - Net sales for the thirteen weeks ended May 3, 2025, were $1.49 billion, a decrease from $1.53 billion in the same period in 2024, reflecting a 2.5% decline[96] - Adjusted EBITDA Margin improved to 6.0% for the thirteen weeks ended May 3, 2025, compared to 4.9% in the same period in 2024[96] Cost and Expenses - Gross profit margin improved to 38.2% from 37.8% year-over-year[87] - SG&A expenses as a percentage of net sales decreased from 38.9% to 37.1%[88] - Interest expense decreased by $3.3 million, or 9.0%, to $33.5 million[89] Cash Flow and Liquidity - Free Cash Flow for the thirteen weeks ended May 3, 2025, was $(43.9) million, compared to $(41.1) million for the same period in 2024, indicating a slight increase in cash outflow[100] - As of May 3, 2025, the company's liquidity was $647.9 million, including $133.3 million in cash and cash equivalents and $514.6 million available on the ABL Revolving Credit Facility[102] - Net cash used in operating activities was $(15.5) million for the thirteen weeks ended May 3, 2025, compared to $(8.4) million for the same period in 2024, primarily due to lower sales and higher incentive bonuses[106] - Cash used in investing activities decreased to $27.1 million for the thirteen weeks ended May 3, 2025, from $31.7 million in the same period in 2024, driven by fewer new pet care centers and hospitals[107] - Net cash used in financing activities was $(0.3) million for the thirteen weeks ended May 3, 2025, a decrease from $(5.6) million in the same period in 2024, due to lower tax withholding payments[108] Debt and Credit Facilities - The First Lien Term Loan outstanding as of May 3, 2025, was $1.60 billion, with variable interest rates that could increase annual cash interest by approximately $16.2 million if rates rise by 100 basis points[118] - The company has a secured asset-based revolving credit facility with availability of up to $581.0 million, maturing in 2029, to support its liquidity needs[109] Business Operations - Total pet care centers in the U.S. and Puerto Rico decreased from 1,423 to 1,393[84] - The company continues to experience momentum in services, driven by strategic investments in customer acquisition and retention[85]

Petco Health and Wellness (WOOF -25.14%) reported first quarter 2025 earnings on June 5, with net sales declining 2.3% year over year and comparable sales down 1.3%, while gross margin expanded 30 basis points year over year to 38.2%. Adjusted EBITDA rose $13.8 million for the quarter to $89.4 million (6% of sales), demonstrating material profitability improvement despite continued top-line headwinds and active cost management initiatives.Petco Managed Margin Expansion Despite Sales DeclineStore count total ...

Petco Health and Wellness Company (WOOF) Q1 2026 Earnings Call June 05, 2025 04:30 PM ET Company Participants Tina Romani - Head of Investor RelationsJoel Anderson - CEOSabrina Simmons - CFOSachin Verma - Equity Research Associate DirectorSteven Zaccone - Director, Equity Research, Hardlines RetailKaumil Gajrawala - Managing DirectorJacob Nivasch - Consumer & Retail Equity Research Associate Conference Call Participants Simeon Gutman - AnalystKendall Toscano - AnalystOliver Wintermantel - AnalystPeter Bened ...

Petco Health and Wellness Company (WOOF) Q1 2026 Earnings Call June 05, 2025 04:30 PM ET Speaker0 afternoon, and welcome to the Petco First Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note that this event is being recorded. I would now like to turn the conference over to Tina Romani, Head of Investor Relations and Treasury. Please go ahead. Speaker1 Good afternoon, and t ...

FOR IMMEDIATE RELEASE: June 5, 2025 Petco Health + Wellness Company, Inc. Reports First Quarter 2025 Exhibit 99.1 Contacts: Investor Relations Media Relations Tina Romani Lisa Stark investorrelations@petco.com Lisa.stark@petco.com Financial Results Reaffirms Fiscal 2025 Net Sales and Earnings Outlook* San Diego, June 5, 2025 – Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced its first quarter 2025 financial results. Q1 2025 Overview "We are pleased to deliver first quarter earnings res ...

June 5, 2025 First Quarter 2025 Earnings Call Safe Harbor and Non-GAAP Measures This Presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, concerning expectations, beliefs, plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are othe ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

SAN DIEGO, May 15, 2025 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), today announced that its financial results for the first quarter fiscal 2025 will be released after market close on Thursday, June 5, 2025. The company will host a conference call at 4:30 p.m. Eastern time to discuss the results.A live webcast of the conference call will be available on the company's Investor Relations page at https://ir.petco.com/news-and-events/events-and-presentations. A replay of the webcast ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

Core Insights - Petco Health and Wellness Company Inc's shares increased by 16.4% to $3.45 following CEO Joel Anderson's purchase of nearly 1.6 million shares, amounting to a $4.7 million investment, indicating strong leadership confidence in the company's value [1] - Despite a 31.5% increase post-earnings, the stock is down 22.3% in 2025, although it shows a 42.3% year-over-year gain, suggesting potential long-term momentum [2] - Analysts remain largely pessimistic, with nine out of twelve brokerages maintaining a "hold" or worse rating, and short interest is high at 28.28 million shares, representing 36.8% of the stock's float [2] Options Market Insights - The Schaeffer's Volatility Index (SVI) for Petco Health and Wellness stock is at 86%, placing it in the 20th percentile of its annual range, indicating that short-term options are currently attractively priced [3]