Petco Health & Wellness Company, Inc. Stock Price, News & Analysis

Petco Health and Wellness Company (Nasdaq: WOOF) announced the appointment of Amy College as Chief Merchandising Officer, effective February 13, 2022. College, who joined Petco in September 2019, will oversee the company's global merchandising strategy and join the Executive Committee. She succeeds Nick Konat, who is leaving the company. Petco CEO Ron Coughlin highlighted College's significant role in Petco's transformation and expressed confidence in her ability to strengthen the company's market position and product assortment.

Petco Health and Wellness Company (Nasdaq: WOOF) has partnered with Rover.com (Nasdaq: ROVR) to enhance pet care services available to customers. The collaboration integrates Rover's offerings, including pet sitting, boarding, and dog walking services, into Petco's ecosystem, accessible via their website. New users can benefit from a $10 discount, while members of Petco's Vital Care program will receive a $20 discount starting in Spring 2022. This partnership aims to serve the growing number of pet owners, with over 130,000 active Vital Care members as of October 2021.

Petco Health and Wellness Company (Nasdaq: WOOF) will release its fourth-quarter and fiscal 2021 earnings results on March 8, 2022, at 7:30 a.m. EST. A conference call led by Petco executives will follow at 8:30 a.m. EST to discuss financial performance. The earnings release will be accessible on the company’s Investor Relations page. Petco operates over 1,500 locations across the U.S., Mexico, and Puerto Rico, including veterinary hospitals and a comprehensive online resource for pet health.

Petco Health and Wellness Company (Nasdaq: WOOF) announced the appointment of Iris Yen as an Advisor to its Board of Directors, effective immediately. Yen brings extensive expertise in digital and e-commerce growth from her role at NIKE, Inc., where she oversaw global digital commerce. CEO Ron Coughlin highlighted her experience as critical for Petco's ongoing digital expansion. Yen's appointment aims to strengthen Petco's leadership in the omnichannel pet care market, bolstering its strategy as it prepares for future board transitions.

Petco Health and Wellness Company will present at the Citi Global Consumer Conference 2021 on Dec. 7, 2021, at 9 a.m. EST. The live presentation can be accessed via their investor relations page. A replay will be available until Dec. 21, 2021. With over 1,500 locations across the U.S., Mexico, and Puerto Rico, Petco focuses on enhancing pet health and wellness through various services. They also support local animal welfare through their nonprofit, Petco Love, aiding in finding homes for over 6.5 million animals.

Petco Health and Wellness Company (Nasdaq: WOOF) will present at the 1st Annual Needham Virtual Consumer Tech / E-Commerce Conference on November 22, 2021, at 11:45 A.M. Eastern Time. The presentation will be available via the Company's investor relations page. A replay of the webcast will be archived until December 6, 2021. Petco operates over 1,500 locations across the U.S., Mexico, and Puerto Rico, and focuses on improving the lives of pets and pet parents through health and wellness services.

Petco (WOOF) announced strong Q3 2021 results with net revenue of $1.4 billion, up 15% year-over-year. Net income rose to $52.8 million or $0.20 per share, reflecting a $49.3 million improvement. Adjusted EBITDA increased 17% to $138.5 million. The company's total debt remained stable at $1.7 billion, with Net Debt improving to $1.5 billion. Petco raised its fiscal year 2021 guidance, now expecting net revenue between $5.725 - $5.775 billion and adjusted EPS of $0.86 - $0.88.

Petco Health and Wellness Company (Nasdaq: WOOF) reveals that nearly 80% of pet parents prefer spending the holidays with their pets. Their new "Merry Makings" holiday collection includes over 400 items for pets, all priced under $40. The collection features matching apparel, toys, and treats, catering to the increased pet ownership during the pandemic. Approximately 75% of pet parents give gifts to their pets, often spending more on them than on human family members. The company offers convenient shopping options, including same-day delivery and online purchases.

On Nov. 18, 2021, at 7:30 a.m. ET, Petco Health and Wellness Company (Nasdaq: WOOF) will release its Q3 2021 earnings results. A conference call will follow at 8:30 a.m. ET to discuss financial and operational performance. Investors can access the earnings release on the Investor Relations page and listen to the call live online. A replay will be available afterward. Petco has over 1,500 locations and supports animal welfare through collaborations with local groups, aiding in the adoption of over 6.5 million animals.