Petco Health and Wellness (WOOF) Reports In-Line Q2 EPS, Cuts Guidance

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Go back to Petco Health and Wellness (WOOF) Reports In-Line Q2 EPS, Cuts Guidance

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

August 24, 2023 7:00 AM EDT

Q2 2023 Operating Results

Comparable sales grew 3.2 percent year-over-year and 7.0 percent on a two-year basis, resulting in the 19th consecutive quarter of comparable sales growthNet revenue of $1.53 billion increased 3.4 percent year-over-yearNet loss of $14.6 million, or $(0.05) per share compared to net income of $13.5 million, or $0.05 per share in the prior yearAdjusted Net Income1 decreased $27.2 million to $16.3 millionAdjusted EBITDA1 of... More