Petco Health And Wellness Company Inc ( (WOOF) ) has released its Q2 earnings. Here is a breakdown of the information Petco Health And Wellness Company Inc presented to its investors.
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Petco Health and Wellness Company Inc., a leading retailer in the pet care industry, offers a wide range of products and services for pet owners across the U.S., Mexico, and Puerto Rico. The company is known for its extensive selection of pet supplies, expert support, and commitment to animal welfare.
In its second quarter of 2025 financial results, Petco reported a decrease in net sales by 2.3% year over year, aligning with its forecast. Despite this, the company achieved an improved gross profit margin and a significant increase in operating income, reflecting a positive shift in its financial performance.
Key highlights from the report include a gross profit margin expansion to 39.3%, an operating income increase to $43 million, and a rise in GAAP net income to $14 million. Adjusted EBITDA also saw a notable increase, reaching $113.9 million. These figures underscore Petco’s efforts in strengthening its economic model and retail operations.
Looking ahead, Petco has raised its earnings outlook for the full fiscal year 2025, maintaining its net sales forecast while planning strategic investments aimed at sustainable growth. The company anticipates a low single-digit decline in net sales for both the third quarter and full year, with adjusted EBITDA projected between $385 million and $395 million.
As Petco continues to execute its strategic objectives, the company remains focused on enhancing its operational fundamentals and exploring targeted investments to drive future profitability.