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WOOF / Petco stock jumps after revenue rises above expectations while profit falls in line

Petco stock jumps after revenue rises above expectations while profit falls in line
Shares of Petco Health & Wellness Co. Inc. WOOF, -1.86% bounded 6.5% higher in premarket trading Wednesday, after the pet care company reported fiscal third-quarter profit that matched expectations and revenue that beat, but trimmed its full-year earnings outlook. Net income for the quarter to Oct. 29 dropped to $19.9 million, or 7 cents a share, from $52.8 million, or 20 cents a share, in the year-ago period. Read More
Posted: Nov 30 2022, 07:45
Author Name: Market Watch
Views: 111421

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Why Petco Stock Fell 20% in September

By The Motley Fool
October 9, 2023

Why Petco Stock Fell 20% in September

Pet stocks have struggled due to a post-pandemic slowdown. Rising interest rates have pressured Petco's variable-rate debt. more_horizontal

How Staff Cuts Are Undermining Petco's Strategy Of Pushing Store Visits Instead Of The Internet

By Forbes
September 22, 2023

How Staff Cuts Are Undermining Petco's Strategy Of Pushing Store Visits Instead Of The Internet

To compete against Chewy and Amazon, the retailer touts its 1,500 locations. But cost-cutting can make many stores less safe for animals. more_horizontal

Petco Health And Wellness: Proving To Be A Dog

By Seeking Alpha
August 27, 2023

Petco Health And Wellness: Proving To Be A Dog

Petco Health & Wellness has seen growth declines post-pandemic, with flat EBITDA and deleveraging on the bottom line. The company's business quality i more_horizontal

Why Petco Stock Dropped 24% This Week

By The Motley Fool
August 25, 2023

Why Petco Stock Dropped 24% This Week

Petco announced fiscal second-quarter results that were roughly in line with analysts' expectations. But the pet products and services retailer also r more_horizontal

Petco customers are flocking toward cheaper pet food — and the more expensive stuff — amid inflation ‘bifurcation'

By Market Watch
August 24, 2023

Petco customers are flocking toward cheaper pet food — and the more expensive stuff — amid inflation ‘bifurcation'

As shares of Petco Health & Wellness reeled on Thursday due to weaker demand and a downbeat financial forecast, executives at the pet-store chain said more_horizontal

Petco stock falls after cutting full-year guidance

By Yahoo Finance
August 24, 2023

Petco stock falls after cutting full-year guidance

Yahoo Finance Live anchors Julie Hyman and Brad Smith break down Petco's Q2 earnings results. Petco (WOOF) shares drop after the company slashed its f more_horizontal

Petco Health & Wellness (WOOF) Q2 Earnings Lag Estimates

By Zacks Investment Research
August 24, 2023

Petco Health & Wellness (WOOF) Q2 Earnings Lag Estimates

Petco Health & Wellness (WOOF) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This comp more_horizontal

Petco stock in doghouse as America spends less on its pets

By Proactive Investors
August 24, 2023

Petco stock in doghouse as America spends less on its pets

Petco Health and Wellness (NYSE:WOOF) saw its stock slide more than 12% as American consumers spend less money on their pets. The retailer, in its qua more_horizontal


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