Petco Health and Wellness Company, Inc. Stock News

Yahoo Finance Editor-at-Large Brian Sozzi sits down at the Nasdaq with Petco CEO Ron Coughlin to break down the company's quarterly growth, inflation, and the massive rise in pet ownership during the

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WOOF earnings call for the period ending December 31, 2021.

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Petco Health and Wellness Company, Inc. (WOOF) reported that its fourth quarter adjusted net income per share increased 65 percent year-on-year to $0.28. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.25, for the quarter. Analysts'' estimates typically exclude special items.

Petco Health & Wellness Co. Inc. shares rose nearly 5% in Tuesday premarket trading after it swung to a fourth-quarter profit. Net income totaled $29.0 million, or 11 cents per share, after a loss of $6.2 million, or 3 cents per share, last year. Adjusted EPS of 28 cents beat the FactSet consensus for 25 cents. Revenue of $1.514 billion was up from $1.338 billion last year and ahead of the FactSet consensus for $1.484 billion. Comparable sales growth was 14%, ahead of the FactSet consensus for 11.8% growth. For fiscal 2022, Petco is guiding for fiscal 2022 net revenue of $6.15 billion to $6.25 billion and adjusted EPS of 97 cents to $1. The FactSet consensus is for revenue of $6.088 billion and EPS of 89 cents. Petco stock is down 14.6% over the past year while the S&P 500 index is up 9.9%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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Petco Health and Wellness (NASDAQ: WOOF ) reported its Q4 earnings results on Tuesday, March 8, 2022 at 07:25 AM. Here''s what investors need to know about the announcement. Earnings Petco Health and Wellness beat estimated earnings by 12.0%, reporting an EPS of … Full story available on Benzinga.com

Petco Health and Wellness Company, Inc. (WOOF) CEO Ron Coughlin on Q4 2021 Results - Earnings Call Transcript

Competition or not, Petco Health+Wellness (NASDAQ: WOOF) is well-positioned within the growing pet care industry and shares of its stock are ready to move higher. The stock has been in a downtrend dri

Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss Petco shares as the company beats fourth quarter earnings estimates.

Petco reported healthy revenue and earnings growth in 2021, another sign its whole-pet wellness strategy is beginning to reap rewards.

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