Petco Posts Better-Than-Expected Results on Sales of Services
Shares of Petco Health + Wellness Company (WOOF) skyrocketed in intraday trading Wednesday after the pet supplies and veterinary care provider posted better-than-anticipated results and revenue guidance on higher sales of services.
Why Petco Stock Was Soaring Today
The pet products retailer reported declining sales and profits but beat estimates. Its outlook called for flat revenue in the second quarter.
Petco Health and Wellness Company, Inc. (WOOF) Q1 2024 Earnings Call Transcript
Petco Health and Wellness Company, Inc. (NASDAQ:WOOF ) Q1 2024 Earnings Call Transcript May 22, 2024 8:00 AM ET Company Participants Benjamin Thiele-Long - Chief ESG and Chief Communications Officer Mike Mohan - Interim CEO Brian LaRose - CFO Conference Call Participants Seth Basham - Wedbush Securities Kaumil Gajrawala - Jefferies Steven Zaccone - Citi Anna Andreeva - Needham and Company Oliver Wintermantel - Evercore ISI Rene Marin - Guggenheim Justin Kleber - Baird Scott Stringer - Wolfe Research Michael Lasser - UBS Operator Good morning, and welcome to the Petco First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Petco Health & Wellness (WOOF) Reports Q1 Loss, Tops Revenue Estimates
Petco Health & Wellness (WOOF) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.06 per share a year ago.
Petco's stock soars 12% premarket after narrower-than-expected loss, as CEO says company on track for return to profit
Petco Health and Wellness Co. Inc.'s stock soared 12% early Wednesday, after the operator of pet-care centers and mobile veterinary clinics posted a narrower-than-expected first-quarter loss and sales that topped estimates.
