Petco Health and Wellness Company Inc. (NASDAQ:WOOF) is one of the best pet stocks to buy according to hedge funds. Evercore ISI cut the price target on Petco Health and Wellness Company Inc. (NASDAQ:WOOF) to $3 from $4 on February 3, maintaining an In Line rating on the shares and telling investors that it adjusted price targets among its Retail Broadlines & Hardlines coverage. Is Petco Health and Wellness Company (WOOF) the Best Nasdaq Stock Under $5 to Buy? The rating update came after Petco Health an ...

Pet Valu’s family of stores providing fifteen grand prizes of dry dog or cat food for one year and 17,000 $15 in store e-gift cards MARKHAM, Ontario, Feb. 23, 2026 (GLOBE NEWSWIRE) -- For the first time since Tim Hortons launched Roll Up To Win™ 40 years ago, Canadians playing the iconic contest will have the chance to win Pet Valu prizes for their pets. Pet Valu, Canada’s leading specialty retailer of pet food and pet-related supplies, announced today that it is the contest’s first-ever pet retail prize pa ...

MARKHAM, Ontario, Feb. 23, 2026 (GLOBE NEWSWIRE) -- For the first time since Tim Hortons launched Roll Up To Win™ 40 years ago, Canadians playing the iconic contest will have the chance to win Pet Valu prizes for their pets. Pet Valu, Canada’s leading specialty retailer of pet food and pet-related supplies, announced today that it is the contest’s first-ever pet retail prize paw-tner for Roll Up To Win™. Devoted pet (and coffee) lovers have a chance to win one of 15 grand prizes of free dry dog or cat food ...

Pet retailer Chewy Inc (NYSE:CHWY) was last seen up 4.3% to trade at $25.20, after an upgrade from Raymond James to "outperform" from "market perform." The firm noted an "attractive" risk/reward profile after the stock's recent selloff, setting its price target at $28.Chewy stock hit a 52-week low of $23.06 this past Tuesday, but yesterday snapped a six-day losing streak. Since the start of 2026, the shares have already dropped 24.2%. Puts have been much more popular than usual over the past couple weeks, p ...

Chewy, Inc. (NYSE:CHWY) is among the best money-making stocks to buy right now. On February 13, Chewy, Inc. (NYSE:CHWY) stock declined to $24.06. This is slightly higher than the stock’s 52-week low of $24.02. Despite this weak performance, 72% of the analysts remain bullish on the stock. With a consensus 1-year median price target of $46, the stock boasts an upside potential of 89.85%. Earlier, on February 6, Piper Sandler reaffirmed an Overweight rating and a price target of $48 on Chewy, Inc. (NYSE:CH ...

Group 1 - Petco Health and Wellness Company Inc. (NASDAQ:WOOF) has completed its long-term debt refinancing, aiming to enhance financial flexibility and reduce leverage [1][2] - The refinancing involved $1.5 billion of its current term loan, including a $50 million voluntary prepayment due in December 2025 and the issuance of $600 million in senior secured notes at an annual interest rate of 8.25% [1] - Glenn Murphy has transitioned from Executive Chairman to Chairman of the Board of Directors, effective February 1, 2024, during a significant transformation period for the company [2] Group 2 - Petco operates over 1,500 stores across the U.S., Mexico, and Puerto Rico, offering a range of pet-oriented products and services, including veterinary care, grooming, training, tele-health, and pet health insurance [3]

Core Insights - Petco has successfully closed a long-term debt refinancing, enhancing its financial flexibility and reducing leverage [1][2] - Glenn Murphy transitions from Executive Chairman to Chairman of the Board, effective February 1, 2026, marking a strategic leadership change [1][2] - The company has improved its economic model and retail operating fundamentals, leading to better profitability and cash flow [2] Company Overview - Petco has been a leading retailer for pet supplies for over 60 years, operating more than 1,500 stores across the U.S., Mexico, and Puerto Rico [3] - The company emphasizes the importance of the pet-human bond and offers a wide range of products and services, including exclusive pet care items and expert support [3] - Petco Love, founded in 1999, has supported local animal welfare groups and facilitated the adoption of over 7 million animals [3]

Core Insights - Chewy is a niche player in the pet industry, while Walmart offers a broader range of retail products, including pet supplies [1][2] - The pet care market is projected to grow at a 5.1% CAGR until 2030, but Chewy's reliance on the low-margin pet industry raises concerns about its growth potential compared to Walmart [2][3] Company Performance - Chewy has low net profit margins, typically in the low single digits, while Walmart's margins range from 3% to 4% [3][11] - Chewy is diversifying into pet health, which has a higher average net profit margin of 20%, and currently operates over 20 veterinary practice locations [4] - Chewy's stock has decreased by nearly 70% over the past five years, reflecting challenges in maintaining growth post-pandemic [10] Financial Metrics - Chewy's current market cap is $12 billion, with a P/E ratio of 67, while Walmart's market cap is $950 billion with a P/E ratio of 42 [5][9][10] - Walmart's revenue growth was 5.8% year-over-year in Q3 FY26, compared to Chewy's 8.3% in its third quarter of fiscal 2025 [8] - Walmart's global advertising sales increased by 53% year-over-year in Q3 FY26, providing potential for profit growth despite low sales growth [7] Competitive Position - Chewy offers pure exposure to the pet industry, but Walmart's broader customer base and competitive advantages position it for higher long-term gains [12]

Core Viewpoint - Petco has announced the pricing of a senior secured notes offering, intending to raise $600 million with a maturity date of February 1, 2031, and an interest rate of 8.250% per annum [1]. Group 1: Notes Offering Details - The offering will consist of $600 million in aggregate principal amount of new senior secured notes [1]. - The completion of the notes offering is expected on February 2, 2026, subject to customary closing conditions [1]. - The notes will be guaranteed by Petco's subsidiaries and secured by first-lien and second-lien priority interests in fixed and current assets, respectively [3]. Group 2: Use of Proceeds - Petco plans to use the net proceeds from the notes sale, along with borrowings from a new term loan facility and cash on hand, to fully repay its existing term loan facility, cover related fees and expenses, and for general corporate purposes [2]. Group 3: Regulatory and Offering Conditions - The notes will not be registered under the Securities Act of 1933 and will only be offered to qualified institutional buyers or outside the U.S. in compliance with Regulation S [4]. - A confidential offering memorandum will be provided to eligible persons, and the offering will adhere to the terms set forth in that memorandum [4].

Company Overview - J.L.E.T. Enterprises, LLC, a pet specialty retailer and grooming service provider based in North Port, Florida, has filed for Chapter 11 bankruptcy protection on January 15, 2026 [4] - The company operated as a franchisee of the Three Dog Bakery brand and has a history of 10 years [4] - Founded in 2016, J.L.E.T. Enterprises offered fresh-baked dog treats, celebration cakes, and professional grooming services, primarily located in Sarasota, Florida [5] Legal and Operational Challenges - The bankruptcy filing follows a prolonged legal dispute with the franchisor, Three Dog Bakery, LLC, which terminated the franchise agreement in May 2025 [6] Industry Insights - American pet households are projected to spend about $1,733 per year on pets in 2024, covering food, products, and care [8] - In 2025, average U.S. dog owners are expected to spend approximately $2,524 per year, while cat owners will spend around $1,499 per year [8] - The U.S. pet industry is projected to grow, with spending expected to reach around $157 billion by 2025 [8]