Petco Health + Wellness Company, Inc. Reports Fourth Quarter and Full Year 2023 Earnings

Q4 2023 Highlights Net revenue of $1.7 billion increased 6.1 percent year over year including the 14th week Comparable sales declined 0.9 percent year over year and increased 4.4 percent on a two-year basis GAAP net loss of$22.6 million, or $(0.08) per share, compared to GAAP net income of$32.7 million, or $0.12 per share in the prior year Adjusted Net Income1 of$6.1 million, or $0.02 per share, compared to$52.8 million, or $0.20 per share in the prior year Adjusted EBITDA1 of$105.3 million compared ...