Key Takeaways Petco Health + Wellness had a bigger-than-expected loss and revenue missed estimates on falling sales at its supplies and companion animal business. However, after initially falling Wednesday morning, shares soared nearly 35%, apparently on a post by meme stock hero "Roaring Kitty." Petco shares have been volatile after "Roaring Kitty" posted a picture of a dog on X in June. Petco Health + Wellness (WOOF) shares reversed course after the opening bell and surged nearly 35% by midday Wednesday, ...

This pet retailer's future could be brighter than its present if management executes well on its new strategy. Shares of Petco Health and Wellness Company (WOOF 31.92%) were skyrocketing 29.6% higher as of 11:29 a.m. ET on Wednesday. The big gain came after the pet retailer announced its second-quarter results following the market close on Tuesday. Petco reported net revenue in Q2 of $1.52 billion, down 0.5% year over year. The company posted a net loss based on generally accepted accounting principles (GAA ...

Petco Health & Wellness Company Inc (NASDAQ:WOOF) stock is soaring today, following the pet retailer's second-quarter results. The company reported losses of 2 cents per share, which is better than the 3 cent loss anticipated by analysts, while revenue of $1.52 billion came in line with estimates. At last glance, Petco Health & Wellness stock was up 20.3% at $3.69, hitting its highest levels since mid July and on track for its largest daily percentage gain since May. The equity has been within penny stock t ...

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Q2 2024 Earnings Call Transcript September 10, 2024 5:00 PM ET Company Participants Benjamin Thiele-Long - Chief ESG & Communications Officer Joel Anderson - CEO Brian LaRose - CFO Conference Call Participants Zach Fadem - Wells Fargo Peter Benedict - Baird Steven Forbes - Guggenheim Seth Basham - Wedbush Michael Lasser - UBS Kaumil Gajrawala - Jefferies Steven Zaccone - Citi Oliver Wintermantel - Evercore ISI Kendall Toscano - Bank of America Operator G ...

Petco Health & Wellness (WOOF) came out with a quarterly loss of $0.02 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this pet store chain would post a loss of $0.06 per share when it actually produced a loss of $0.04, delivering a surprise of 33.33%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Petco, which belong ...

| --- | --- | |--------------------------------------|-------| | | | | September 10, 2024 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 ...

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 August 3, 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. | --- | --- | |-------------------------------------------------------------------- ...

Petco Health and Wellness Company, Inc. WOOF reported second-quarter financial results after Tuesday's closing bell. Here's a look at the details from the report. The Details: Petco reported quarterly losses of nine cents per share, which missed the analyst consensus estimate of losses of two cents per share. Quarterly sales of $1.52 billion met the analyst consensus estimate and represented a 1.99% increase over the same period last year. The company will host a conference call at 5 p.m. ET to discuss the ...

Exhibit 99.1 Contacts: Investor Relations investorrelations@petco.com Media Relations Benjamin Thiele-Long benjamin.thiele-long@petco.com FOR IMMEDIATE RELEASE: September 10, 2024 Petco Health + Wellness Company, Inc. Reports Second Quarter 2024 Earnings Results Q2 2024 Overview • Net revenue of $1.52 billion decreased 0.5 percent year over year • Comparable sales increased 0.3 percent year over year and increased 3.5 percent on a two-year basis • GAAP net loss of $24.8 million, or $(0.09) per share, compar ...

Q2 2024 Overview Net revenue of $1.52 billion decreased 0.5 percent year over year Comparable sales increased 0.3 percent year over year and increased 3.5 percent on a two-year basis GAAP net loss of $24.8 million, or $(0.09) per share, compared to GAAP net loss of $14.6 million, or $(0.05) per share in the prior year Adjusted EBITDA1 of $83.5 million compared to $112.6 million in the prior year Operating Cash Flow of $69.4 million compared to $96.6 million in the prior year Free Cash Flow 1 of $42.0 millio ...