Petco reports Q4 EPS (5c), consensus 1c

Reports Q4 revenue $1.55B, consensus $1.56B. Comparable sales increased 0.5% year over year. “Our results in the fourth quarter demonstrate the progress we’ve made to return Petco (WOOF) to retail operating excellence,” said Joel Anderson, Petco’s Chief Executive Officer. “While there is more work ahead, I am confident our new leadership team is well-positioned to build on this early momentum, deliver double-digit adjusted EBITDA improvement in 2025 and set the business up for sustainable profitable growth.”