Petco Health and Wellness Company, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; August 29, 2025 Deadline to file Lead Plaintiff Motion

Core Viewpoint - Petco Health and Wellness Company, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its business model and financial performance during the pandemic [3]. Group 1: Class Action Details - The class action represents investors who purchased Petco securities between January 14, 2021, and June 5, 2025, with a deadline to file a lead plaintiff motion by August 29, 2025 [1]. - Investors can contact the Portnoy Law Firm for a complimentary case evaluation and to discuss options for recovering losses [2]. Group 2: Allegations Against Petco - The complaint alleges that Petco made materially false and misleading statements about the impact of pandemic-driven growth and the sustainability of its premium pet food business model [3]. - It is claimed that the company overstated its ability to achieve profitable growth while downplaying ongoing operational challenges [3]. - Following a downward revision of its financial guidance, Petco's stock dropped over 20% on August 24, 2023, and continued to decline after further disclosures and changes in executive leadership [3].