Petco Health and Wellness (WOOF) Misses Q2 EPS by 4c; Offers FY22 Guidance

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Go back to Petco Health and Wellness (WOOF) Misses Q2 EPS by 4c; Offers FY22 Guidance

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

August 24, 2022 7:30 AM EDT

Comparable sales grew 3.8 percent year over year and 23.5 percent on a two-year basis, resulting in fifteenth consecutive quarter of comparable sales growth Net revenue of $1.48 billion increased 3.2 percent year over yearDelivered net income of $13.5 million and Adjusted EBITDA1 of $142.0 million Earnings per share of $0.05, a decline of $0.23 from prior year; Adjusted Earnings Per Share1 of $0.19, a decline of $0.06 from prior yearUpdates full year guidance, with net revenue of $5.975 billion to $6.05 billion; Adjusted EBITDA1 of $580.0 million to $595.0 million and Adjusted Earnings Per Share1... More