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 allegations of misleading statements regarding its pandemic-driven growth and the sustainability of its premium pet food business model [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 for filing a lead plaintiff motion set for August 29, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss their legal rights [2]. Group 2: Allegations Against Petco - The complaint alleges that Petco made materially false and misleading statements about its growth and profitability, overstating its ability to achieve profitable growth while downplaying 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].