Petco Health and Wellness (WOOF) Misses Q3 EPS by 7c, Guidance Misses

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Petco Health and Wellness (WOOF) tumbles 18% as as earnings disappoint due to consumer headwinds

November 29, 2023 8:39 AM EST

(Updated - November 29, 2023 8:45 AM EST)

Petco Health and Wellness (NASDAQ: WOOF) shares plunged premarket Wednesday after the company reported earnings for its latest quarter, missing consensus expectations.

The pet company reported Q3 EPS of ($0.05), $0.07 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $1.49 billion, down 0.5% YoY and below the consensus... More