Petco Health and Wellness Company Inc

WOOF

Equity

ISIN null / Valor 58783052

NASDAQ (2025-11-20)

USD 2.63-5.05%

Petco Health and Wellness Company Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Petco Health and Wellness Company Inc. is a major pet specialty retailer with over 1,500 locations across the United States, Mexico, and Puerto Rico. The company offers a comprehensive range of pet products, including food, supplies, and accessories, while also providing in-store veterinary services through more than 100 veterinary hospitals to address pet health and wellness needs. Additionally, Petco supports online sales and customer engagement through its website and mobile app. Through its wholly owned subsidiary, PetCoach, LLC, Petco offers pet insurance plans underwritten by United States Fire Insurance Company. Established in 1999, Petco is also actively involved in animal welfare, partnering with numerous organizations to facilitate pet adoptions and support animal well-being initiatives.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Net Sales Decline

For Q2 2025, Petco reported net sales of $1.5 billion, representing a 2.3% decrease year over year. This decline was in line with the company’s second quarter outlook. Comparable sales also decreased by 1.4% compared to the same period last year.

Improved Gross Profit Margin

The company's gross profit margin expanded by approximately 120 basis points, reaching 39.3% of net sales. This improvement indicates better cost management and pricing strategies despite the decline in sales.

Increased Operating Income

Operating income rose by $40.6 million, totaling $43.0 million for the quarter. This increase highlights Petco’s effectiveness in enhancing operational efficiency.

Enhanced GAAP Net Income

GAAP net income saw a significant improvement of $38.8 million, reaching $14.0 million in Q2 2025. This positive change reflects the company's efforts to strengthen its financial performance.

Growth in Adjusted EBITDA

Adjusted EBITDA increased by $30.3 million to $113.9 million, underscoring Petco's ability to generate higher earnings before interest, taxes, depreciation, and amortization.

Raised Fiscal 2025 Earnings Outlook

Based on the second quarter results, Petco raised its full-year 2025 earnings outlook. The company maintained its net sales forecast, projected Adjusted EBITDA between $385 million and $395 million, and provided updated guidance for the third quarter of 2025.

Summarized from source with an LLMView Source

Key figures

-33.8%1Y

-72.6%3Y

%5Y

Performance

82.8%1Y

83.0%3Y

72.2%5Y

Volatility