Petco Health and Wellness pany(WOOF)

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Petco Health and Wellness pany(WOOF) - 2025 Q3 - Quarterly Results
2024-12-05 21:05
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 ...
Petco Health + Wellness Company, Inc. Reports Third Quarter 2024 Earnings Results
Prnewswire· 2024-12-05 21:02
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 ...
Petco Names Joe Venezia Chief Revenue Officer
Prnewswire· 2024-11-14 01:02
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 ...
Are Investors Undervaluing Petco Health and Wellness Co. (WOOF) Right Now?
ZACKS· 2024-11-07 15:45
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 ...
Petco Health and Wellness Company, Inc. to Host Third Quarter 2024 Earnings Conference Call on December 5, 2024
Prnewswire· 2024-11-06 13:00
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' ...
Petco (WOOF) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-10-23 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.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 ahead ...
Is Petco Health and Wellness Co. (WOOF) Stock Undervalued Right Now?
ZACKS· 2024-10-21 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuati ...
Why Petco Health and Wellness Stock Soared 43% Higher Last Month
The Motley Fool· 2024-10-04 15:23
Can new leadership turn Petco around? Check out what drove investor optimism in September. Shares of Petco Health and Wellness (WOOF 1.72%) rose 42.6% in September 2024, according to data from S&P Global Market Intelligence. The pet products retailer reported solid fiscal second-quarter earnings on Sept. 10 and management's guidance for the next reporting period was in line with current analyst expectations. That may sound bland to you, but Petco investors were pleasantly surprised. The stock surged 48% hig ...
Is Petco Health and Wellness Co. (WOOF) a Great Value Stock Right Now?
ZACKS· 2024-10-04 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. 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, to find these stocks ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover Petco (WOOF)
ZACKS· 2024-09-23 13:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. 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 potential fails to justify their swelled-up valuation. In that phas ...