Q1 2024 Overview SAN DIEGO, May 22, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, today announced its first quarter 2024 financial results. In the first quarter of 2024, Petco delivered net revenue of $1.5 billion, down 1.7 percent versus prior year. On an as- reported basis, the company's consumables business was up 0.1 percent versus prior year, and services and other business was up 4.2 percent versus prior year. Growth in the ...

Murphy to support leadership team's initiatives to improve profitability and drive long-term growth Murphy is currently the CEO of the high-impact, consumer-focused investment firm FIS Holdings (www.fis- holdings.com). Prior to founding FIS Holdings, he served as Chairman of the Board, including in the role of Executive Chairman for an interim period, at lululemon athletica inc. Murphy also served as Chairman and CEO at Gap, Inc. from 2007- 2014. Murphy previously served as Chairman and CEO of Shoppers Drug ...

SAN DIEGO, May 1, 2024 /PRNewswire/ -- On May 22, 2024, at approximately 7:00 a.m. Eastern, Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, will release its first quarter 2024 earnings results.Additionally, Petco executives will host a conference call at approximately 8:00 a.m. Eastern to review the company's financial and operating performance.The call will be webcast live and the earnings release and earnings presentation will be available on the comp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 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. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of i ...

Nearly one in five American households adopted a pet during the pandemic, according to the ASPCA. Today, 60% of pet parents say they would rather spend more time with their pets than anyone else, according to a recent Petco survey; and nearly 70% are prioritizing their pets' health and preventative care as they do for themselves.SAN DIEGO, March 20, 2024 /PRNewswire/ -- Four years since the onset of COVID-19, puppies and kittens adopted during the pandemic are now entering adulthood and pets adopted as adul ...

Key TakeawaysPetco Health and Wellness Company shares fell after the company reported another loss, issued guidance that was short of estimates and changed its CEO.CEO Ron Coughlin stepped down and was replaced on an interim basis by board member R. Michael Mohan.Petco shares have lost nearly three-quarters of their value over the past year. Shares of Petco Health and Wellness Company (WOOF) slumped Wednesday as the pet products retailer and operator of veterinary clinics posted another quarterly loss, gave ...

As shoppers continue to manage their budgets amid years of financial challenges, Petco has found itself caught unaware by the extent of pet parents’ pull back, especially since this demographic was so reluctant to cut back in the first place.On a call with analysts Wednesday (March 13) discussing the retailer’s fourth-quarter and full-year fiscal 2023 financial results, R. Michael (Mike) Mohan, Petco Health and Wellness Company’s new interim CEO, spoke to this shift in shopper behaviors.“We have not adapted ...

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Q4 2023 Earnings Conference Call March 13, 2024 8:00 AM ET Company Participants Cathy Yao - IR Mike Mohan - Interim CEO Brian LaRose - CFO Conference Call Participants Steven Forbes - Guggenheim Mark Jordan - Goldman Sachs Peter Benedict - Baird Oliver Wintermantel - Evercore ISI Steven Zaccone - Citi Seth Basham - Wedbush Securities Operator I would now, like to turn the conference over to Cathy Yao. Please go ahead. Good morning, and thank you for join ...

Shares of Petco Health and Wellness Company Inc (NASDAQ:WOOF) are 7% higher to trade at $2.74, but earlier was as high as $2.71 after the pet supply retailer's fourth-quarter revenue beat Wall Street's estimates. A major C-suite change happened, too, with CEO Ron Coughlin stepping down, and Michael Mohan taking point as interim.In response to the event and update, WOOF's typically quiet options pits are seeing an uptick in activity. So far, 1,321 calls and 899 puts have been traded so far -- six times the i ...

Petco CEO, Chairman and board member Ron Coughlin stepped down from those roles Wednesday (March 13) and was succeeded by Interim CEO R. Michael (Mike) Mohan.Coughlin will support the leadership transition as an advisor to the board, while the board has tapped a global executive search firm to help it find a permanent CEO, the pet care retailer said in a Wednesday press release.“On behalf of the board, we are deeply grateful for Ron’s many contributions to Petco over the past five years,” Cameron Breitner, ...