Cost ManagementBenefits from cost initiatives should build in FY25, and a return to positive free cash flow provides some fuel for deleverage going forward.
Financial PerformanceStronger sales were the primary driver of 3Q profit upside, with trends improving sequentially across all categories.
Strategic InitiativesEncouragement from WOOF's strategic initiatives to improve the business through optimizing merchandise assortment, investing in store labor, and making management changes.