Petco Health and Wellness Company, Inc. operates as a retailer of premium pet consumables, supplies, and companion animals and services. The company also offers grooming, in-store and online training, tele-veterinarian, and pet health insurance services, as well as veterinary services through Vetco clinics. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox.com websites. As of May 24, 2021, the company operated 1,453 pet care centers and 137 full service veterinary hospitals within pet care centers in the United States and Puerto Rico; and 100 pet care centers in Mexico. The company was founded in 1965 and is headquartered in San Diego, California.
IPO Year: 2021
Exchange: NASDAQ
Website: petco.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/19/2024 | $3.00 → $4.00 | Neutral | Citigroup |
| 4/2/2024 | $5.00 → $1.50 | Buy → Underperform | BofA Securities |
| 12/19/2023 | $3.11 | Hold | Jefferies |
| 11/30/2023 | $8.00 → $3.00 | Outperform → Neutral | Robert W. Baird |
| 11/29/2023 | Overweight → Equal Weight | Wells Fargo | |
| 9/29/2023 | Peer Perform | Wolfe Research | |
| 8/25/2023 | $10.00 → $7.00 | Outperform | RBC Capital Mkts |
| 4/28/2023 | $10.00 | Hold | Gordon Haskett |
| 3/13/2023 | $11.00 | Buy → Neutral | Citigroup |
| 10/19/2022 | $15.00 → $12.00 | Outperform → In-line | Evercore ISI |
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
4 - Petco Health & Wellness Company, Inc. (0001826470) (Issuer)
10-Q - Petco Health & Wellness Company, Inc. (0001826470) (Filer)
8-K - Petco Health & Wellness Company, Inc. (0001826470) (Filer)
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10-K - Petco Health & Wellness Company, Inc. (0001826470) (Filer)
8-K - Petco Health & Wellness Company, Inc. (0001826470) (Filer)
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Reaffirms Fiscal 2025 Net Sales and Earnings Outlook* SAN DIEGO, June 5, 2025 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) today announced its first quarter 2025 financial results. Q1 2025 Overview Net sales of $1.5 billion decreased 2.3% year over year in line with the company's first quarter outlookComparable sales decreased 1.3% year over yearGross profit margin expanded approximately 30 basis points to 38.2% as a percentage of net salesOperating Income improved $33.1 million to $16.4 millionGAAP net loss improved $34.8 million to $11.7 millionAdjus
SAN DIEGO, May 15, 2025 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF), today announced that its financial results for the first quarter fiscal 2025 will be released after market close on Thursday, June 5, 2025. The company will host a conference call at 4:30 p.m. Eastern time to discuss the results. A live webcast of the conference call will be available on the company's Investor Relations page at https://ir.petco.com/news-and-events/events-and-presentations. A replay of the webcast will be available through the same link approximately two hours after t
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
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
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
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
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
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
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
Q2 2024 Overview Net revenue of $1.52 billion decreased 0.5 percent year over year Comparable sales increased 0.3 percent year over year and increased 3.5 percent on a two-year basis GAAP net loss of $24.8 million, or $(0.09) per share, compared to GAAP net loss of $14.6 million, or $(0.05) per share in the prior yearAdjusted EBITDA1 of $83.5 million compared to $112.6 million in the prior yearOperating Cash Flow of $69.4 million compared to $96.6 million in the prior yearFree Cash Flow 1 of $42.0 million compared to $44.6 million in the prior yearSAN DIEGO, Sept. 10, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF), a complete partner in pet health and wellness, to
Citigroup reiterated coverage of Petco Health and Wellness with a rating of Neutral and set a new price target of $4.00 from $3.00 previously
BofA Securities downgraded Petco Health and Wellness from Buy to Underperform and set a new price target of $1.50 from $5.00 previously
Jefferies initiated coverage of Petco Health and Wellness with a rating of Hold and set a new price target of $3.11
Robert W. Baird downgraded Petco Health and Wellness from Outperform to Neutral and set a new price target of $3.00 from $8.00 previously
Wells Fargo downgraded Petco Health and Wellness from Overweight to Equal Weight
Wolfe Research initiated coverage of Petco Health and Wellness with a rating of Peer Perform
RBC Capital Mkts reiterated coverage of Petco Health and Wellness with a rating of Outperform and set a new price target of $7.00 from $10.00 previously
Gordon Haskett initiated coverage of Petco Health and Wellness with a rating of Hold and set a new price target of $10.00
Citigroup downgraded Petco Health and Wellness from Buy to Neutral and set a new price target of $11.00
Evercore ISI downgraded Petco Health and Wellness from Outperform to In-line and set a new price target of $12.00 from $15.00 previously