WOOF / Petco Stock Plummets on Earnings Miss, Slashed Forecast

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

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

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

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

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) 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 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