Petco Health & Wellness (WOOF) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sys ...

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."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39878 | --- | --- | |---------------------------------------------------------------------------------------------------------- ...

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Q3 2024 Results Conference Call December 5, 2024 4:30 PM ET Company Participants Lisa Stark - Senior Director of Communications Joel Anderson - CEO Brian LaRose - CFO Conference Call Participants Kaumil Gajrawala - Jefferies Steven Shemesh - RBC Capital Michael Lasser - UBS Julio Marquez - Guggenheim Lauren Ng - Morgan Stanley Kendall Toscano - Bank of America Operator Good afternoon, and welcome to the Petco Third Quarter 2024 Earnings Conference Call. ...

Petco Health & Wellness (WOOF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this pet store chain would post a loss of $0.02 per share when it actually produced a loss of $0.02, delivering no surprise.Over the last four quarters, the company has s ...

Exhibit 99.1 Contacts: Investor Relations investorrelations@petco.com Media Relations Lisa.stark@petco.com FOR IMMEDIATE RELEASE: December 5, 2024 Petco Health + Wellness Company, Inc. Reports Third Quarter 2024 Earnings Results Q3 2024 Overview • Net revenue of $1.51 billion increased 1.2 percent year over year and comparable sales increased 1.8 percent year over year • Gross profit of $575.8 million increased 4.7 percent year over year, compared to $550.0 million in the prior year • GAAP net loss of $16.7 ...

Q3 2024 Overview Net revenue of $1.51 billion increased 1.2 percent year over year and comparable sales increased 1.8 percent year over year Gross profit of $575.8 million increased 4.7 percent year over year, compared to $550.0 million in the prior year GAAP net loss of $16.7 million, or $(0.06) per share, compared to GAAP net loss of $1.2 billion, or $(4.63) per share in the prior year that included a $1.2 billion non-cash goodwill impairment charge Adjusted Net Income1 of $(6.5) million, or $(0.02) per ...

SAN DIEGO, Nov. 13, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced Joe Venezia will join the company as Chief Revenue Officer, effective Nov. 17, reporting to Joel Anderson, Chief Executive Officer. In this newly created role, Venezia will be responsible for driving revenue and developing integrated strategies to improve the customer experience. Joe will oversee critical areas that contribute to Petco's growth, including pet care centers, pet and veterinary servi ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics ...

SAN DIEGO, Nov. 6, 2024 /PRNewswire/ -- On December 5, 2024, at approximately 4:00 p.m. Eastern, Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, will release its third quarter 2024 earnings results.Additionally, Petco executives will host a conference call at approximately 4:30 p.m. Eastern to review the company's financial and operating performance.The call will be webcast live and the earnings release and presentation will be available on the company' ...