Petco Health and Wellness (WOOF) Tops Q1 EPS by 1c, Offers FY Guidance

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Go back to Petco Health and Wellness (WOOF) Tops Q1 EPS by 1c, Offers FY Guidance

Petco Health + Wellness Company, Inc. Reports First Quarter Earnings

May 24, 2022 7:30 AM EDT

Momentum continued into first quarter with comparable sales growth of 5.1 percent year over year and 33.5 percent on a two-year basis, on top of record comparable sales a year ago Delivered fourteenth consecutive quarter of comparable sales growth Revenue growth of 4.3 percent, net income growth of 227 percent and strong Adjusted EBITDA1 growth of 5.4 percent Earnings per share of $0.09, up $0.06 or 226 percent from prior year; Adjusted Earnings Per Share1 of $0.17 consistent with prior yearMaintained full year guidance, with revenue of $6.15 billion to $6.25 billion; Adjusted EBITDA1 between $630 million and $645... More