Petco Heath & Wellness Co. Inc. (WOOF) PT Raised to $3 at Evercore ISI

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Petco Health + Wellness Company, Inc. Reports First Quarter 2024 Earnings Results

May 22, 2024 7:00 AM EDT

Q1 2024 Overview

Net revenue of $1.5 billion decreased 1.7 percent year over year Comparable sales declined 1.2 percent year over year and increased 4.1 percent on a two-year basis GAAP net loss of $46.5 million, or $(0.17) per share, compared to GAAP net loss of $1.9 million, or $(0.01) per share in the prior yearAdjusted Net Income1 of $(11.8) million, or $(0.04) per share, compared to $14.9 million, or $0.06 per share in the prior... More