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, 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 ...