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Petco Health and Wellness Company (WOOF)
NASDAQ:WOOF
RESEARCH TOOLSreports
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.04Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 26, 2025
|% Change Since: 17.21%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
Petco Health and Wellness Company, Inc.'s earnings call presents a mixed picture with strong EBITDA performance and strategic leadership changes aimed at long-term growth. However, challenges such as net store closures, SG&A increases, and a modest sales outlook suggest underlying issues that need to be addressed. The sentiment balances positive strategic initiatives and operational improvements against current market challenges.Company Guidance
During the Petco Health and Wellness Company, Inc. earnings call for the fourth quarter and full year 2024, key financial metrics were discussed, including a fourth-quarter revenue of $1.55 billion and an adjusted EBITDA of $96.1 million, which surpassed expectations. The company emphasized its commitment to improving profitability and outlined a strategic plan consisting of three phases: stabilizing profitability, implementing operational efficiencies, and preparing for long-term growth. For 2025, Petco projects a revenue decline in the low single digits and an adjusted EBITDA between $375 and $390 million. The company also aims to expand gross margin rates each quarter and leverage SG&A to enhance earnings power. Additionally, Petco plans to close 20 to 30 locations in 2025 and targets a debt-to-EBITDA leverage ratio below two times.Revenue and EBITDA Performance
Petco Health and Wellness Company, Inc. delivered a revenue of $1.55 billion in Q4, in line with prior outlook, and adjusted EBITDA of $96.1 million, exceeding expectations. The company expects to deliver double-digit growth on adjusted EBITDA year over year in 2025.
Gross Margin Improvement
Q4 gross margin increased by 180 basis points to 38%, driven by lapsing an inventory and impairment charge from the previous year and progress in margin management.
Positive Cash Flow and Cash Balance
In 2024, Petco achieved $50 million of positive free cash flow and improved its cash balance to $182 million.
Leadership and Strategic Vision
Petco restructured its leadership team with new appointments, focusing on retail fundamentals, cost control, and long-term growth to reinvigorate the brand.
Expansion in Pet Services
Petco is leveraging its leadership in services, the fastest-growing area of the pet category, including grooming and vet locations.
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Petco Health and Wellness Company (WOOF) Earnings, Revenues Date & History
WOOF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WOOF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 26, 2025 | $2.44 | $3.21 | +31.56% |
| Dec 05, 2024 | $4.90 | $5.29 | +7.96% |
| Sep 10, 2024 | $3.07 | $4.08 | +32.90% |
| May 22, 2024 | $2.45 | $2.88 | +17.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Petco Health and Wellness Company (WOOF) report earnings?
Petco Health and Wellness Company (WOOF) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Petco Health and Wellness Company (WOOF) earnings time?
Petco Health and Wellness Company (WOOF) earnings time is at May 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WOOF EPS forecast?
WOOF EPS forecast for the fiscal quarter 2025 (Q1) is -0.02.
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