Welcome to our dedicated page for Petco Health and Wellness Company news (Ticker: $WOOF), a resource for investors and traders seeking the latest updates and insights on Petco Health and Wellness Company stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Petco Health and Wellness Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Petco Health and Wellness Company's position in the market.
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Petco Health and Wellness Company, Inc. will release its third quarter 2023 earnings results on November 29, 2023. The company will host a conference call at 8:00 a.m. Eastern to review its financial and operating performance. The call will be webcast live and the earnings release, presentation, and infographic will be available on the company's Investor Relations page. A replay of the webcast will also be available online until December 13, 2023.
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End-of-Day
9.61%
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Petco announces this year's Merry Makings holiday collection, offering deals on over 500 pet products. Most items are under $20, making it affordable for pet parents. The collection includes apparel, accessories, toys, treats, and home décor. Petco aims to be the ultimate pet and pet parent destination this holiday season.
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End-of-Day
-2.69%
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Petco Health and Wellness Company to participate in the Evercore ISI Virtual Pet Care Summit on September 20, 2023.
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Petco CEO to participate in fireside chat at Goldman Sachs conference
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-0.4%
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Petco delivered solid Q2 results with net revenue of $1.53 billion, up 3.4% YoY. Comparable sales grew 3.2% YoY and 7.0% on a two-year basis. However, net loss was $14.6 million compared to net income of $13.5 million in the prior year. Adjusted Net Income decreased $27.2 million to $16.3 million. Adjusted EBITDA was $112.6 million compared to $133.5 million in the prior year. The company initiated a cost action plan with estimated annualized gross run rate cost savings of $150 million by the end of fiscal 2025. Revised fiscal 2023 guidance includes net revenue of $6.150 billion to $6.275 billion, Adjusted EBITDA of $460 million to $480 million, and Adjusted EPS of $0.24 to $0.30.
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Rhea-AI Sentiment
End-of-Day
-20.64%
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Petco Health and Wellness Company has announced an expanded partnership with DoorDash to make Petco's products available nationally via the DoorDash Marketplace. Pet parents will have greater access to Petco's curated selection of products for on-demand delivery. Petco has also updated its app to provide a streamlined profile for pets' wellness needs and offers Klarna's interest-free payment solution. More than 10,000 products from Petco are now available on DoorDash Marketplace, and customers can enjoy a discount during National Dog Day.
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Rhea-AI Sentiment
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-2.39%
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Petco and Ollie announce exclusive partnership to bring Ollie's human-grade fresh and baked food, treats, and supplements for dogs to Petco customers. Ollie's assortment will be available at petco.com, via the Petco app, and in most Petco pet care centers nationwide by the end of September.
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-1.54%
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WOOF - Petco Unveils Bootique Collection for Halloween with Over 350 Items, Including 200 Under $20
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-2.08%
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2.73%
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Lowe's and Petco are expanding their pilot program to offer pet and home products and services in one-stop shops. The program will grow from 15 Lowe's stores to nearly 300 locations by year-end, focusing on rural communities. This expansion aims to provide convenience to shoppers and meet the needs of the growing number of pet owners in the US.
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Rhea-AI Sentiment
End-of-Day
0.04%
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Petco Health and Wellness Company, Inc.
Nasdaq:WOOF
WOOF Rankings
WOOF Stock Data
674.91M
84.30M
1.3%
129.41%
9.37%
Beer, Wine, and Liquor Stores
Retail Trade
United States of America
SAN DIEGO
About WOOF
petco is a category-defining health and wellness company focused on improving the lives of pets, pet parents and our own petco partners. since our founding in 1965, we’ve been trailblazing new standards in pet care, delivering comprehensive wellness solutions through our products and services, and creating communities that deepen the pet-pet parent bond.we operate more than 1,500 petco locations across the u.s., mexico and puerto rico, including a growing network of more than 100 in-store veterinary hospitals, and offer a complete online resource for pet health and wellness at petco.com and on the petco app.in tandem with petco love (formerly the petco foundation), an independent nonprofit organization, we work with and support thousands of local animal welfare groups across the country and, through in-store adoption events, we've helped find homes for more than 6.5 million animals.