Petco Health and Wellness (WOOF) Reports In-Line Q3 EPS, Updates Guidance

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

November 30, 2022 7:30 AM EST

Comparable sales grew 4.1 percent year over year and 19.6 percent on a two-year basis, resulting in sixteenth consecutive quarter of comparable sales growth Net revenue of $1.50 billion increased 4.0 percent year over yearDelivered net income of $19.9 million and Adjusted EBITDA1 of $137.6 million Earnings per share of $0.07, a decline of $0.13 from prior year; Adjusted Earnings Per Share1 of $0.16, a decline of $0.04 from prior yearGenerated $109.4 million of operating cash flow in the third quarter, an increase of 27% year over yearReaffirms full year guidance for net... More