Quantisnow Logo
Dashboard

SEC Form SC 13G/A filed by Petco Health and Wellness Company Inc. (Amendment)

$WOOF
Other Specialty Stores
Consumer Discretionary
Get the next $WOOF alert in real time by email
SC 13G/A 1 d761646dsc13ga.htm SC 13G/A SC 13G/A

 

 

Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

Petco Health and Wellness Company, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

71601V105

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 71601V105    Schedule 13G    Page 1 of 12

 

 1   

 Names of Reporting Persons

 

 Scooby Aggregator, LP

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 183,714,921(1)

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 183,714,921(1)

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 183,714,921(1)

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 68.4%(2)

12  

 Type of Reporting Person

 

 PN

 

(1)

This amount includes 37,790,781 shares of Class B-1 common stock, par value $0.001 per share (“Class B-1 common stock”), held directly by Scooby Aggregator, LP. Each share of Class B-1 common stock is convertible into one share of Class A common stock (as defined herein) at the option of the holder. As a condition to such conversion, the holder of the shares of Class B-1 common stock to be converted must direct a holder of Class B-2 common stock, par value $0.000001 per share (“Class B-2 common stock”), to transfer an equal number of shares to the Issuer.

(2)

Based on (x) a total of 230,697,818 shares of Class A common stock outstanding as of December 5, 2023, as disclosed in the issuer’s Form 10-Q filed with the Securities and Exchange Commission on December 7, 2023, plus (y) 37,790,781 shares of Class A common stock assuming conversion of 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP.

CUSIP No. 71601V105    Schedule 13G    Page 2 of 12

 

 1   

 Names of Reporting Persons

 

 Scooby Aggregator GP, LLC

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 183,714,921(1)

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 183,714,921(1)

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 183,714,921(1)

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 68.4%(2)

12  

 Type of Reporting Person

 

 OO

 

(1)

This amount includes 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP. Scooby Aggregator GP, LLC is the general partner of Scooby Aggregator, LP. Each share of Class B-1 common stock is convertible into one share of Class A common stock at the option of the holder. As a condition to such conversion, the holder of the shares of Class B-1 common stock to be converted must direct a holder of Class B-2 common stock to transfer an equal number of shares to the Issuer.

(2)

Based on (x) a total of 230,697,818 shares of Class A common stock outstanding as of December 5, 2023, as disclosed in the issuer’s Form 10-Q filed with the Securities and Exchange Commission on December 7, 2023, plus (y) 37,790,781 shares of Class A common stock assuming conversion of 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP.

CUSIP No. 71601V105    Schedule 13G    Page 3 of 12

 

 1   

 Names of Reporting Persons

 

 Scooby LP

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 183,714,921(1)

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 183,714,921(1)

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 183,714,921(1)

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 68.4%(2)

12  

 Type of Reporting Person

 

 PN

 

(1)

This amount includes 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP. Scooby LP is the sole member of Scooby Aggregator GP, LLC, a member-managed limited liability company and the general partner of Scooby Aggregator, LP. Each share of Class B-1 common stock is convertible into one share of Class A common stock at the option of the holder. As a condition to such conversion, the holder of the shares of Class B-1 common stock to be converted must direct a holder of Class B-2 common stock to transfer an equal number of shares to the Issuer.

(2)

Based on (x) a total of 230,697,818 shares of Class A common stock outstanding as of December 5, 2023, as disclosed in the issuer’s Form 10-Q filed with the Securities and Exchange Commission on December 7, 2023, plus (y) 37,790,781 shares of Class A common stock assuming conversion of 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP.

CUSIP No. 71601V105    Schedule 13G    Page 4 of 12

 

 1   

 Names of Reporting Persons

 

 Scooby GP LLC

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 183,714,921(1)

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 183,714,921(1)

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 183,714,921(1)

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 68.4%(2)

12  

 Type of Reporting Person

 

 OO

 

(1)

This amount includes 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP. The general partner of Scooby Aggregator, LP is Scooby Aggregator GP, LLC, a member-managed limited liability company, whose sole member is Scooby LP. Scooby GP LLC is the general partner of Scooby LP. Each share of Class B-1 common stock is convertible into one share of Class A common stock at the option of the holder. As a condition to such conversion, the holder of the shares of Class B-1 common stock to be converted must direct a holder of Class B-2 common stock to transfer an equal number of shares to the Issuer.

(2)

Based on (x) a total of 230,697,818 shares of Class A common stock outstanding as of December 5, 2023, as disclosed in the issuer’s Form 10-Q filed with the Securities and Exchange Commission on December 7, 2023, plus (y) 37,790,781 shares of Class A common stock assuming conversion of 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP.

CUSIP No. 71601V105    Schedule 13G    Page 5 of 12

 

 1   

 Names of Reporting Persons

 

 CVC Pet LP

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 75,494,759(1)

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 75,494,759(1)

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 75,494,759(1)

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 30.7%(2)

12  

 Type of Reporting Person

 

 PN

 

(1)

This amount includes 15,529,527 of 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP, reflecting CVC Pet LP’s proportional interest in the securities held directly by Scooby Aggregator, LP. The general partner of Scooby Aggregator, LP is Scooby Aggregator GP, LLC, a member-managed limited liability company whose sole member is Scooby LP. The general partner of Scooby LP is Scooby GP LLC, a member-managed limited liability company whose sole members are CVC Pet LP and Canada Pension Plan Investment Board (“CPP Investments”). Both CVC Pet LP and CPP Investments have material consent rights with respect to the actions of Scooby GP LLC. Each share of Class B-1 common stock is convertible into one share of Class A common stock at the option of the holder. As a condition to such conversion, the holder of the shares of Class B-1 common stock to be converted must direct a holder of Class B-2 common stock to transfer an equal number of shares to the Issuer.

(2)

Based on (x) a total of 230,697,818 shares of Class A common stock outstanding as of December 5, 2023, as disclosed in the issuer’s Form 10-Q filed with the Securities and Exchange Commission on December 7, 2023, plus (y) 15,529,527 shares of Class A common stock assuming conversion of 15,529,527 of 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP, reflecting CVC Pet LP’s proportional interest in the securities held directly by Scooby Aggregator, LP.

CUSIP No. 71601V105    Schedule 13G    Page 6 of 12

 

 1   

 Names of Reporting Persons

 

 CVC Scooby Jersey GP Limited

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Jersey (Channel Islands)

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 75,494,759(1)

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 75,494,759(1)

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 75,494,759(1)

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 30.7%(2)

12  

 Type of Reporting Person

 

 PN

 

(1)

This amount includes 15,529,527 shares of Class B-1 common stock held directly by Scooby Aggregator, LP, reflecting CVC Scooby Jersey GP Limited’s proportional interest in the securities held directly by Scooby Aggregator, LP. The general partner of Scooby Aggregator, LP is Scooby Aggregator GP, LLC, a member-managed limited liability company whose sole member is Scooby LP. The general partner of Scooby LP is Scooby GP LLC, a member-managed limited liability company whose sole members are CVC Pet LP and CPP Investments. Both CVC Pet LP and CPP Investments have material consent rights with respect to the actions of Scooby GP LLC. Investment and voting power with regard to shares directly held by CVC Pet LP rests with the board of directors of its general partner, CVC Scooby Jersey GP Limited. Each share of Class B-1 common stock is convertible into one share of Class A common stock at the option of the holder. As a condition to such conversion, the holder of the shares of Class B-1 common stock to be converted must direct a holder of Class B-2 common stock to transfer an equal number of shares to the Issuer.

(2)

Based on (x) a total of 230,697,818 shares of Class A common stock outstanding as of December 5, 2023, as disclosed in the issuer’s Form 10-Q filed with the Securities and Exchange Commission on December 7, 2023, plus (y) 15,529,527 shares of Class A common stock assuming conversion of 15,529,527 of 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP, reflecting CVC Scooby Jersey GP Limited’s proportional interest in the securities held directly by Scooby Aggregator, LP.

CUSIP No. 71601V105    Schedule 13G    Page 7 of 12

 

 1   

 Names of Reporting Persons

 

 CVC Capital Partners VI Limited

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Jersey (Channel Islands)

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 75,494,759(1)

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 75,494,759(1)

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 75,494,759(1)

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 30.7%(2)

12  

 Type of Reporting Person

 

 PN

 

(1)

This amount includes 15,529,527 shares of Class B-1 common stock held directly by Scooby Aggregator, LP, reflecting CVC Capital Partners VI Limited’s proportional interest in the securities held directly by Scooby Aggregator, LP. The general partner of Scooby Aggregator, LP is Scooby Aggregator GP, LLC, a member-managed limited liability company whose sole member is Scooby LP. The general partner of Scooby LP is Scooby GP LLC, a member-managed limited liability company whose sole members are CVC Pet LP and CPP Investments. Both CVC Pet LP and CPP Investments have material consent rights with respect to the actions of Scooby GP LLC. Investment and voting power with regard to shares directly held by CVC Pet LP rests with the board of directors of its general partner, CVC Scooby Jersey GP Limited. Certain investment funds managed by CVC Capital Partners VI Limited wholly own CVC Scooby Jersey GP Limited, and investment and voting power with regard to the shares held by such funds rests with the board of directors of CVC Capital Partners VI Limited. Each share of Class B-1 common stock is convertible into one share of Class A common stock at the option of the holder. As a condition to such conversion, the holder of the shares of Class B-1 common stock to be converted must direct a holder of Class B-2 common stock to transfer an equal number of shares to the Issuer.

(2)

Based on (x) a total of 230,697,818 shares of Class A common stock outstanding as of December 5, 2023, as disclosed in the issuer’s Form 10-Q filed with the Securities and Exchange Commission on December 7, 2023, plus (y) 15,529,527 shares of Class A common stock assuming conversion of 15,529,527 of 37,790,781 shares of Class B-1 common stock held directly by Scooby Aggregator, LP, reflecting CVC Capital Partners VI Limited’s proportional interest in the securities held directly by Scooby Aggregator, LP.

CUSIP No. 71601V105    Schedule 13G    Page 8 of 12

 

ITEM 1. (a) Name of Issuer:

Petco Health and Wellness Company, Inc.

(b) Address of Issuer’s Principal Executive Offices:

10850 Via Frontera, San Diego, CA 92127

ITEM 2. (a) Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

Scooby Aggregator, LP;

Scooby Aggregator GP, LLC;

Scooby LP;

Scooby GP LLC;

CVC Pet LP;

CVC Scooby Jersey GP Limited; and

CVC Capital Partners VI Limited.

(b) Address or Principal Business Office:

The address of Scooby Aggregator, LP, Scooby Aggregator GP, LLC, Scooby LP, Scooby GP LLC and CVC Pet LP is c/o CVC Capital Partners, 39 Mesa Street, Suite 212, San Francisco, CA 94129. The address of CVC Scooby Jersey GP Limited and CVC Capital Partners VI Limited is 27 Esplanade, St Helier, Jersey JE1 1SG, Channel Islands.

(c) Citizenship of each Reporting Person is:

Scooby Aggregator, LP, Scooby Aggregator GP, LLC, Scooby LP, Scooby GP LLC and CVC Pet LP are organized under the laws of the State of Delaware. CVC Scooby Jersey GP Limited and CVC Capital Partners VI Limited are organized under the laws of the Channel Islands.

(d) Title of Class of Securities:

Class A common stock, par value $0.001 per share (“Class A common stock”).

(e) CUSIP Number:

71601V105

ITEM 3.

Not applicable.

CUSIP No. 71601V105    Schedule 13G    Page 9 of 12

 

ITEM 4. Ownership.

(a-c)

The ownership information presented below represents beneficial ownership of Class A common stock of the Issuer as of February 14, 2024, based upon 230,697,818 shares of Class A common stock outstanding as of December 5, 2023, plus the number of shares of Class A common stock issuable upon conversion of the shares of Class B-1 common stock beneficially owned by the Reporting Person.

 

Reporting Person   

Amount

beneficially

owned

     

Percent

of
class:

     Sole
power
to vote
or to
direct
the
vote:		      Shared
power to
vote or to
direct the
vote:		     

Sole
power to
dispose or
to direct
the
disposition

of:

     

Shared

power to

dispose or

to direct

the

disposition

of:

  

Scooby Aggregator, LP

      183,714,921        68.4 %      0        183,714,921        0        183,714,921  

Scooby Aggregator GP, LLC

      183,714,921        68.4 %      0        183,714,921        0        183,714,921  

Scooby LP

      183,714,921        68.4 %      0        183,714,921        0        183,714,921  

Scooby GP LLC

      183,714,921        68.4 %      0        183,714,921        0        183,714,921  

CVC Pet LP

      75,494,759        30.7 %      0        75,494,759        0        75,494,759  

CVC Scooby Jersey GP Limited

      75,494,759        30.7 %      0        75,494,759        0        75,494,759  

CVC Capital Partners VI Limited

      75,494,759        30.7 %      0        75,494,759        0        75,494,759  

Scooby Aggregator, LP is the record holder of the shares of Class A common stock reported herein. The general partner of Scooby Aggregator, LP is Scooby Aggregator GP, LLC, a member-managed limited liability company whose sole member is Scooby LP. The general partner of Scooby LP is Scooby GP LLC, a member-managed limited liability company whose sole members are CVC Pet LP and CPP Investments. Both CVC Pet LP and CPP Investments have material consent rights with respect to the actions of Scooby GP LLC. CVC Pet LP holds common and preferred securities in Scooby LP of which the preferred securities are non-voting securities. The number of shares of Class A common stock set forth herein for CVC Pet LP, CVC Scooby Jersey GP Limited and CVC Capital Partners VI Limited reflect such reporting persons’ proportional interest in the securities held directly by Scooby Aggregator, LP based on such reporting persons’ proportional interest in the common securities of Scooby LP.

Investment and voting power with regard to shares directly held by CVC Pet LP rests with the board of directors of its general partner, CVC Scooby Jersey GP Limited. Certain investment funds managed by CVC Capital Partners VI Limited wholly own CVC Scooby Jersey GP Limited, and investment and voting power with regard to the shares held by such funds rests with the board of directors of CVC Capital Partners VI Limited, which board consists of Carl Hansen, Victoria Cabot, John Maxey, and Jon Wrigley, each of whose address is c/o CVC Capital Partners VI Limited, 27 Esplanade, St Helier, Jersey JE1 1SG, Channel Islands. Each of these individuals may be deemed to indirectly share voting and/or investment power over the shares held of record by Scooby Aggregator, LP. The approval of a majority of such directors is required to make any investment or voting decision with regard to any shares beneficially owned by CVC Pet LP, and as such, each such individual disclaims beneficial ownership of such shares.

ITEM 5. Ownership of Five Percent or Less of a Class.

Not applicable.

ITEM 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

CUSIP No. 71601V105    Schedule 13G    Page 10 of 12

 

ITEM 8. Identification and Classification of Members of the Group.

Not applicable.

ITEM 9. Notice of Dissolution of Group.

Not applicable.

ITEM 10. Certification.

Not applicable.

CUSIP No. 71601V105    Schedule 13G    Page 11 of 12

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2024

 

Scooby Aggregator, LP
By:   Scooby Aggregator GP, LLC, its general partner
By:  

/s/ Cameron Breitner

Name:   Cameron Breitner
Title:   Authorized Signatory
Scooby Aggregator GP, LLC
By:   Scooby LP, its sole member
By:  

/s/ Cameron Breitner

Name:   Cameron Breitner
Title:   Authorized Signatory
Scooby LP
By:   Scooby GP LLC, its general partner
By:  

/s/ Cameron Breitner

Name:   Cameron Breitner
Title:   Authorized Signatory
Scooby GP LLC
By:  

/s/ Cameron Breitner

Name:   Cameron Breitner
Title:   Authorized Signatory
CVC Pet LP
By:   CVC Scooby Jersey GP Limited, its general partner
By:  

/s/ Jean-Claude Bonfrer

Name:   Jean-Claude Bonfrer
Title:   Authorized Signatory
CVC Scooby Jersey GP Limited
By:  

/s/ Jean-Claude Bonfrer

Name:   Jean-Claude Bonfrer
Title:   Director
CVC Capital Partners VI Limited
By:  

/s/ Carl Hansen

Name:   Carl Hansen
Title:   Director

CUSIP No. 71601V105    Schedule 13G    Page 12 of 12

 

LIST OF EXHIBITS

 

Exhibit No.    Description
99    Joint Filing Agreement (incorporated by reference to Exhibit 99.1 of the Reporting Persons’ Schedule 13G filed with the SEC on February 10, 2022).
Get the next $WOOF alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$WOOF

DatePrice TargetRatingAnalyst
7/19/2024$3.00 → $4.00Neutral
Citigroup
4/2/2024$5.00 → $1.50Buy → Underperform
BofA Securities
12/19/2023$3.11Hold
Jefferies
11/30/2023$8.00 → $3.00Outperform → Neutral
Robert W. Baird
11/29/2023Overweight → Equal Weight
Wells Fargo
9/29/2023Peer Perform
Wolfe Research
8/25/2023$10.00 → $7.00Outperform
RBC Capital Mkts
4/28/2023$10.00Hold
Gordon Haskett
More analyst ratings

$WOOF
 Press Releases

Fastest customizable press release news feed in the world

See more

  • Petco joins Uber Eats for Nationwide On-Demand Delivery

    Today Uber Technologies, Inc. (NYSE:UBER) and Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) announced a new partnership that brings Petco's wide selection of pet essentials to the Uber Eats platform, making it easier than ever for pet parents to get what they need, when they need it. With all Petco locations in the contiguous United States now available on Uber Eats, customers can shop for on-demand or scheduled delivery of pet food, toys, treats, and other essentials—all at the tap of a button. Starting today, pet parents can browse and purchase Petco's curated assortment of high-quality products directly through the Uber Eats app, with convenient delivery options that fit their b

    $UBER
    $WOOF
    Business Services
    Consumer Discretionary
    Other Specialty Stores

  • Petco Health + Wellness Company, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

    Expects Double-Digit Adjusted EBITDA Growth in 2025* SAN DIEGO, March 26, 2025 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) today announced its fourth quarter and full year 2024 financial results. Q4 2024 Overview Net revenue of $1.6 billion decreased 7.3% year over year inclusive of the negative impact from the loss of the 53rd week in 2023Comparable sales increased 0.5% year over yearGross profit of $589.3 million decreased 2.8% year over year compared to $606.3 million last yearGAAP net loss of $13.8 million compared to GAAP net loss of $22.6 millio

    $WOOF
    Other Specialty Stores
    Consumer Discretionary

  • Petco Health + Wellness Company, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

    SAN DIEGO, March 6, 2025 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) today announced that it has granted inducement equity awards on March 4, 2025 (the "Grant Date") to its newly-hired Chief Customer and Product Officer, Michael Romanko, as a material inducement to the employment of Mr. Romanko. The inducement awards consist of (i) 1,321,139 restricted stock units, (ii) 323,835 target performance stock units, and (iii) non-qualified stock options to purchase 393,082 shares of Petco's Class A common stock, with an exercise price of $2.46. The restricted stock units and stock options will vest as to 34% on the first anniversary of the Grant Date and 16.5% at the end o

    $WOOF
    Other Specialty Stores
    Consumer Discretionary

$WOOF
 Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$WOOF
 Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$WOOF
 Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$WOOF
 SEC Filings

See more

$WOOF
 Leadership Updates

Live Leadership Updates

See more

  • PETCO STRENGTHENS LEADERSHIP TEAM WITH APPOINTMENT OF THREE PROVEN EXECUTIVES

    Sabrina Simmons Appointed Chief Financial Officer Michael Romanko Appointed Chief Customer and Product Officer Jack Stout Appointed Chief Merchandising Officer SAN DIEGO, Feb. 18, 2025 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF), today announced the appointment of three new leaders to Petco's executive team to support accelerated operational improvement and position the business for a faster return to profitable growth. Sabrina Simmons, former Chief Financial Officer at Gap, Inc., has been named Chief Financial Officer, effective February 17.Michael

    $WOOF
    Other Specialty Stores
    Consumer Discretionary

  • Petco Names Joe Venezia Chief Revenue Officer

    SAN DIEGO, Nov. 13, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) today announced Joe Venezia will join the company as Chief Revenue Officer, effective Nov. 17, reporting to Joel Anderson, Chief Executive Officer. In this newly created role, Venezia will be responsible for driving revenue and developing integrated strategies to improve the customer experience. Joe will oversee critical areas that contribute to Petco's growth, including pet care centers, pet and veterinary services, real estate and customer success capabilities. "Joe is a proven sal

    $WOOF
    Other Specialty Stores
    Consumer Discretionary

  • Petco Names Joel D. Anderson as Chief Executive Officer

    30-Year Retail Industry Veteran Named Chief Executive Officer and Member of the Board of Directors R. Michael Mohan to Lead a New Board Committee Focused on Value Creation SAN DIEGO, July 17, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) today announced that the Company's Board of Directors has appointed Joel D. Anderson to serve as Chief Executive Officer (CEO), effective July 29, 2024. In addition, Anderson has been elected to serve on the Company's Board of Directors. "Joel is an inspirational leader and a highly experienced retail CEO," said Gl

    $WOOF
    Other Specialty Stores
    Consumer Discretionary

$WOOF
 Financials

Live finance-specific insights

See more

  • Petco Health + Wellness Company, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

    Expects Double-Digit Adjusted EBITDA Growth in 2025* SAN DIEGO, March 26, 2025 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) today announced its fourth quarter and full year 2024 financial results. Q4 2024 Overview Net revenue of $1.6 billion decreased 7.3% year over year inclusive of the negative impact from the loss of the 53rd week in 2023Comparable sales increased 0.5% year over yearGross profit of $589.3 million decreased 2.8% year over year compared to $606.3 million last yearGAAP net loss of $13.8 million compared to GAAP net loss of $22.6 millio

    $WOOF
    Other Specialty Stores
    Consumer Discretionary

  • Petco Health and Wellness Company, Inc. to Host Fourth Quarter 2024 Earnings Conference Call on March 26, 2025

    SAN DIEGO, Feb. 20, 2025 /PRNewswire/ -- On March 26, 2025, at approximately 4:00 p.m. Eastern, Petco Health and Wellness Company, Inc. (NASDAQ:WOOF), a complete partner in pet health and wellness, will release its fourth quarter 2024 earnings results and full-year fiscal 2025 outlook. Additionally, Petco executives will host a conference call at approximately 4:30 p.m. Eastern to review the company's financial and operating performance. The call will be webcast live and the earnings release and earnings presentation will be available on the company's Investor Relations page a

    $WOOF
    Other Specialty Stores
    Consumer Discretionary

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

    Q3 2024 Overview Net revenue of $1.51 billion increased 1.2 percent year over year and comparable sales increased 1.8 percent year over yearGross profit of $575.8 million increased 4.7 percent year over year, compared to $550.0 million in the prior yearGAAP net loss of $16.7 million, or $(0.06) per share, compared to GAAP net loss of $1.2 billion, or $(4.63) per share in the prior year that included a $1.2 billion non-cash goodwill impairment charge Adjusted Net Income1 of $(6.5) million, or $(0.02) per share1, compared to Adjusted Net Income1 of $(14.5) million, or $(0.05) per share1 in the prior yearAdjusted EBITDA1 of $81.2 million compared to $72.2 million in the prior yearSAN DIEGO, Dec

    $WOOF
    Other Specialty Stores
    Consumer Discretionary

$WOOF
 Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more