Petco Health and Wellness Co Inc - Ordinary Shares - Class A Stock News

Elevating product offerings, customer engagement and operational efficiency to drive long-term growth in the competitive pet care market were common themes for pet health and wellness company Petco and online pet product retailer Chewy in their respective third-quarter financial results released Thursday (Dec. 5).

After the market closed Thursday, Petco (WOOF 5.50%) published its fiscal third-quarter results, with sales and earnings that beat Wall Street's expectations. As a result, the specialty retailer's stock is seeing big gains in Friday morning trading, up 19.8% as of 10:30 a.m.

Petco Health + Wellness (WOOF) shares are jumping as much as 5% in premarket trading after the pet-products retailer reported better-than-expected quarterly results, as it narrowed its losses.

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF ) Q3 2024 Results Conference Call December 5, 2024 4:30 PM ET Company Participants Lisa Stark - Senior Director of Communications Joel Anderson - CEO Brian LaRose - CFO Conference Call Participants Kaumil Gajrawala - Jefferies Steven Shemesh - RBC Capital Michael Lasser - UBS Julio Marquez - Guggenheim Lauren Ng - Morgan Stanley Kendall Tosca...

When Joel Anderson took the helm at Petco Health & Wellness Co. earlier this year, he said he wanted to improve the pet-supplies chain's profitability. On Thursday, he offered a more detailed outline on how he planned to do it.

Q3 2024 Overview Net revenue of $1.51 billion increased 1.2 percent year over year and comparable sales increased 1.8 percent year over year Gross profit of $575.8 million increased 4.7 percent year over year, compared to $550.0 million in the prior year GAAP net loss of $16.7 million, or $(0.06) per share, compared to GAAP net loss of $1.2 billion, or $(4.63) per share in the prior year that i...

SAN DIEGO , Nov. 13, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced Joe Venezia will join the company as Chief Revenue Officer, effective Nov. 17, reporting to Joel Anderson, Chief Executive Officer. In this newly created role, Venezia will be responsible for driving revenue and developing integrated strategies to improve the customer experience.

SAN DIEGO , Nov. 6, 2024 /PRNewswire/ -- On December 5, 2024, at approximately 4:00 p.m. Eastern, Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, will release its third quarter 2024 earnings results.