Petco Reports Second Quarter 2025 Financial Results
Petco announced its second quarter 2025 financial results, reporting net sales of $1.5 billion and a 2.3% year-over-year decrease, yet an improvement in GAAP net income to $14.0 million. The company raised its fiscal year 2025 earnings outlook, maintaining its net sales outlook, and provided guidance for the third quarter of 2025. These results and outlook reflect a solid foundation for the company's transformation efforts and its commitment to improving retail operating fundamentals.
Petco Health & Wellness Company Inc - Enters second amendment to credit agreement
Petco Health & Wellness Company Inc. announced that it has entered into a second amendment to its credit agreement. This news was published on February 2, 2026, at 04:25 pm EST. The company also recently completed a refinancing and announced Glenn Murphy's transition to Chairman of the Board.
PETCO DATA BREACH ALERT: Edelson Lechtzin LLP is Investigating Data Privacy Claims on Behalf of Petco Health and Wellness Company, Inc. Customers
Edelson Lechtzin LLP, a national class action law firm, is investigating a data breach incident at Petco Health and Wellness Company, Inc. Petco recently discovered that a setting in one of its software applications accidentally exposed some files on the internet. The law firm is investigating a class action lawsuit to seek legal remedies for individuals whose sensitive personal data may have been compromised.
PETCO DATA BREACH ALERT: Edelson Lechtzin LLP is Investigating Data Privacy Claims on Behalf of Petco Health and Wellness Company, Inc. Customers
Edelson Lechtzin LLP is investigating potential data breach claims against Petco Health and Wellness Company, Inc. following a cybersecurity incident where a software setting accidentally exposed some files on the internet. The law firm is preparing a class action lawsuit to seek remedies for individuals whose personal data may have been compromised. Petco has issued a notification but has not yet disclosed the specific types of information exposed.
Petco Health & Wellness Company, Inc. SEC 10-Q Report
Petco Health & Wellness Company, Inc. released its Q3 2025 10-Q report, showing a 3.1% decrease in net sales to $1,464.4 million but a significant rise in operating income to $29.2 million and a return to profitability with diluted EPS of $0.03. The company improved its gross profit margin to 38.9% through better service utilization, inventory management, and disciplined pricing, despite decreased transaction volume and a reduction in the number of pet care centers. Future plans focus on profitability, margin improvement, and enhancing customer retention and visit frequency.
Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Receives Consensus Recommendation of "Hold" from Brokerages - MarketBeat
Petco Health and Wellness Company (NASDAQ:WOOF) has been given a consensus "Hold" rating from twelve brokerages, with an average twelve-month price target of $3.9533. The company reported a quarterly EPS of $0.05, surpassing analyst expectations, despite a 2.3% decrease in revenue year-over-year. Institutional investors, including Caitong International Asset Management, have notably increased their stakes in Petco.
Petco Health and Wellness Company, Inc. Investors: Please
The Portnoy Law Firm is advising investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) about a class action lawsuit. The lawsuit alleges that Petco made false and misleading statements regarding its business model and capacity for profitable growth between January 14, 2021, and June 5, 2025. Investors have until August 29, 2025, to file a lead plaintiff motion to recover their losses.
Shareholders of Petco Health and Wellness Company, Inc. Should Contact The Gross Law Firm Before August 29, 2025 to Discuss Your Rights - WOOF
The Gross Law Firm is notifying shareholders of Petco Health and Wellness Company, Inc. (WOOF) about a pending class action lawsuit. Shareholders who purchased WOOF shares between January 14, 2021, and June 5, 2025, are encouraged to contact the firm to discuss their rights, with a lead plaintiff deadline of August 29, 2025. The lawsuit alleges that Petco overstated its business strength and ability to achieve sustainable, profitable growth.
Lost Money on Petco Health And Wellness Company, Inc. (WOOF)? Contact Levi & Korsinsky Before August 29, 2025 to Join Class Action
Levi & Korsinsky, LLP has filed a class action securities lawsuit against Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) on behalf of shareholders who suffered losses between January 14, 2021, and June 5, 2025. The lawsuit alleges that Petco's public statements were misleading regarding the sustainability of its pandemic-related growth and its differentiated product strategy. Shareholders are encouraged to contact the firm before August 29, 2025, to learn about their rights to participate in the potential recovery.
Levi & Korsinsky Reminds Petco Health and Wellness Company, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 29, 2025 – WOOF
Levi & Korsinsky, LLP is reminding investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) about a pending class action lawsuit. The lawsuit alleges securities fraud between January 2021 and June 2025, claiming Petco's pandemic-driven tailwinds and product strategy were overstated, leading to misleading public statements. Investors who suffered losses have until August 29, 2025, to request to be appointed as lead plaintiff.
Class Action Lawsuit Filed: Petco Health and Wellness Company, Inc. (WOOF) - Join by August 29, 2025 - Contact Levi & Korsinsky
A class action lawsuit has been filed against Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) alleging securities fraud between January 14, 2021, and June 5, 2025. Shareholders who suffered losses during this period are encouraged to contact Levi & Korsinsky LLP by August 29, 2025, to learn about their rights to seek recovery. The lawsuit claims Petco overstated its business model and ability to deliver sustainable growth, leading to materially false and misleading public statements.
Shareholders that lost money on Petco Health and Wellness Company, Inc.(WOOF) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
The Gross Law Firm is urging shareholders of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) who lost money on their investments to join a class action lawsuit. The lawsuit alleges that Petco's public statements were misleading regarding the sustainability of its pandemic-related tailwinds and its differentiated product strategy. Shareholders that purchased WOOF shares between January 14, 2021, to June 5, 2025, are encouraged to register, with a lead plaintiff deadline of August 29, 2025.
Shareholders SueWallSt in New Class Action Against Petco Health And Wellness Company, Inc. - Act Now
A class action lawsuit has been filed against Petco Health and Wellness Company, Inc. on behalf of investors who allegedly suffered losses due to securities fraud between January 14, 2021, and June 5, 2025. Investors who lost money are encouraged to contact Levi & Korsinsky through their SueWallSt initiative. The firm specializes in complex securities litigation and has a history of securing compensation for aggrieved shareholders.
PETCO HEALTH AND WELLNESS COMPANY, INC. (NASDAQ: WOOF) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Petco Health and Wellness Company, Inc. Investors of Upcoming Deadline
Bernstein Liebhard LLP has issued a shareholder alert for Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) investors, reminding them of an upcoming deadline in a securities fraud class action lawsuit. The lawsuit alleges that Petco made misrepresentations regarding its ability to achieve sustainable, profitable growth. Investors who purchased Petco securities between January 14, 2021, and June 5, 2025, are encouraged to inquire about their legal rights and options.
Petco Health and Wellness Company, Inc. Investors: Please
The Portnoy Law Firm is advising Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) investors of a class action lawsuit for those who purchased securities between January 14, 2021, and June 5, 2025. Investors have until August 29, 2025, to file a lead plaintiff motion. The complaint alleges that Petco made materially false and misleading statements regarding pandemic-driven growth, the viability of its pet food business, and its capacity for profitable growth while minimizing operational challenges.
Levi & Korsinsky Notifies Shareholders of Petco Health and Wellness Company, Inc. (WOOF) of a Class Action Lawsuit and an Upcoming Deadline
Levi & Korsinsky, LLP has announced a class action securities lawsuit against Petco Health and Wellness Company, Inc. (NASDAQ: WOOF). The lawsuit alleges securities fraud between January 14, 2021, and June 5, 2025, claiming Petco overstated the sustainability of its pandemic-related growth and the strength of its product strategy. Investors who suffered losses during this period have until August 29, 2025, to request to be appointed as lead plaintiff.
Petco Health and Wellness Company, Inc. Securities Fraud
Levi & Korsinsky, LLP has filed a class action lawsuit against Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) for alleged securities fraud between January 14, 2021, and June 5, 2025. The lawsuit claims Petco misrepresented the sustainability of its pandemic-related growth and its premium pet food business model, overstating its ability to deliver profitable growth. Investors who suffered losses during this period have until August 29, 2025, to request to be appointed as lead plaintiff.
PETCO DEADLINE ALERT: ROSEN, A LEADING LAW FIRM, Encourages
The Rosen Law Firm is encouraging investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) who suffered losses exceeding $100K to secure legal counsel before the August 29, 2025 lead plaintiff deadline. A securities class action lawsuit has been filed, alleging that Petco made false and misleading statements regarding the sustainability of its business model and its ability to achieve profitable growth. Investors who purchased Petco securities between January 14, 2021, and June 5, 2025, may be entitled to compensation.
Petco Health and Wellness Company, Inc. Investors: Please
The Portnoy Law Firm is advising investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) about a class action lawsuit. This lawsuit represents investors who purchased securities between January 14, 2021, and June 5, 2025, alleging that Petco made false and misleading statements regarding its pandemic growth and business model viability, leading to stock declines. Investors have until August 29, 2025, to file a lead plaintiff motion.
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Petco Health and Wellness Company, Inc.(WOOF) Shareholders
The Gross Law Firm has announced the filing of a securities class action lawsuit on behalf of shareholders of Petco Health and Wellness Company, Inc. (WOOF). The lawsuit alleges that Petco's public statements between January 14, 2021, and June 5, 2025, were materially false and misleading, specifically regarding the sustainability of its business model and its ability to achieve profitable growth. Shareholders who purchased WOOF shares during this period are encouraged to contact the firm to learn about lead plaintiff appointment.
Pomerantz Law Firm Announces the Filing of a Class Action Against Petco Health and Wellness Company, Inc. and Certain Officers - WOOF
Pomerantz LLP has filed a class action lawsuit against Petco Health and Wellness Company, Inc. and certain officers on behalf of investors who purchased Petco securities between January 14, 2021, and June 5, 2025. The lawsuit alleges that Petco made materially false and misleading statements about its business operations and prospects, particularly regarding the sustainability of its pandemic-related growth and its premium pet food strategy. Investors have until August 29, 2025, to apply to be a Lead Plaintiff in the case.
Petco Health and Wellness Company, Inc. Investors: Please
The Portnoy Law Firm is advising investors of Petco Health and Wellness Company, Inc. (WOOF) about a class action lawsuit for securities purchased between January 14, 2021, and June 5, 2025. Investors have until August 29, 2025, to file a lead plaintiff motion. The lawsuit alleges that Petco made materially false and misleading statements regarding its growth and business model, leading to significant stock declines.
WOOF Investors Have Opportunity to Lead Petco Health and Wellness Company, Inc. Securities Fraud Lawsuit
The Rosen Law Firm is reminding purchasers of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) securities to join a securities fraud lawsuit by the August 29, 2025, lead plaintiff deadline. The lawsuit alleges that Petco made false and misleading statements about the sustainability of its business model and its ability to achieve profitable growth, causing investors to suffer damages. Investors who bought Petco securities between January 14, 2021, and June 5, 2025, may be entitled to compensation.
PETCO HEALTH AND WELLNESS COMPANY, INC. (NASDAQ: WOOF) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Petco Health and Wellness Company, Inc. Investors of Upcoming Deadline
Bernstein Liebhard LLP has issued a shareholder alert reminding investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) about an upcoming deadline in a securities fraud class action lawsuit. The lawsuit alleges that Petco made misrepresentations regarding its ability to achieve sustainable, profitable growth. Investors who purchased Petco securities between January 14, 2021, and June 5, 2025, and suffered losses, are encouraged to contact the firm to discuss their legal options, with a lead plaintiff deadline of August 29, 2025.
PETCO HEALTH AND WELLNESS COMPANY, INC. (NASDAQ: WOOF) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Petco Health and Wellness Company, Inc. Investors of Upcoming Deadline
Bernstein Liebhard LLP has reminded investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) about an upcoming deadline in a securities fraud class action lawsuit. The lawsuit alleges that Petco made misrepresentations regarding its ability to achieve sustainable, profitable growth, and investors who purchased shares between January 14, 2021, and June 5, 2025, may be affected. The lead plaintiff deadline is August 29, 2025.
WOOF INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Petco Health and Wellness Company, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) and its officers. The lawsuit alleges that Petco made materially false and misleading statements about its business operations and prospects between January 14, 2021, and June 5, 2025, specifically regarding the unsustainability of its pandemic-related tailwinds and the overstatement of its differentiated product strategy. Investors who suffered losses in Petco during this period have until August 29, 2025, to request to be appointed as lead plaintiff.
PETCO HEALTH AND WELLNESS COMPANY, INC. (NASDAQ: WOOF) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Petco Health and Wellness Company, Inc. Investors of Upcoming Deadline
Bernstein Liebhard LLP has issued a shareholder alert for investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF), reminding them of an upcoming deadline for a securities fraud class action lawsuit. The lawsuit alleges that Petco made misrepresentations regarding its ability to achieve sustainable, profitable growth, affecting investors who purchased shares between January 14, 2021, and June 5, 2025. Investors have until August 29, 2025, to file as lead plaintiff.
WOOF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC
Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) on behalf of investors who suffered losses. The lawsuit alleges that Petco made materially false and misleading statements about its business, operations, and prospects between January 14, 2021, and June 5, 2025, misrepresenting the sustainability of its pandemic-related growth and its differentiated product strategy. Investors have until August 29, 2025, to request to be appointed as lead plaintiff.
WOOF Investors Have Opportunity to Lead Petco Health and Wellness Company, Inc. Securities Fraud Lawsuit with the Schall Law Firm
The Schall Law Firm is encouraging investors of Petco Health and Wellness Company, Inc. (WOOF) to contact them regarding a securities fraud lawsuit. The lawsuit alleges that Petco made false and misleading statements about its business model, the sustainability of its premium pet food sales, and its ability to achieve sustainable growth between January 14, 2021, and June 5, 2025. Investors who suffered losses during this period have until August 29, 2025, to lead the class action suit.
Pomerantz Law Firm Announces the Filing of a Class Action Against Petco Health and Wellness Company, Inc. and Certain Officers - WOOF
Pomerantz LLP has filed a class action lawsuit against Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) and certain officers, alleging materially false and misleading statements regarding the company's business, operations, and prospects. The lawsuit, filed on behalf of investors who purchased Petco securities between January 14, 2021, and June 5, 2025, claims that Petco overstated the sustainability of its pandemic-related growth and its premium pet food strategy. Investors have until August 29, 2025, to seek appointment as Lead Plaintiff.
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Petco Health and Wellness Company, Inc. (WOOF) Shareholders
Levi & Korsinsky, LLP has filed a securities class action lawsuit against Petco Health and Wellness Company, Inc. (WOOF) on behalf of investors who suffered losses due to alleged securities fraud between January 14, 2021, and June 5, 2025. The lawsuit claims Petco overstated its business model's sustainability and ability to achieve profitable growth, particularly regarding its premium pet food strategy. Investors have until August 29, 2025, to request to be appointed as lead plaintiff.
ROSEN, LEADING INVESTOR COUNSEL, Encourages Petco Health
Rosen Law Firm is encouraging investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) who purchased securities between January 14, 2021, and June 5, 2025, to secure legal counsel before the August 29, 2025, lead plaintiff deadline for a securities class action. The lawsuit alleges that Petco made false and misleading statements regarding the sustainability of its business model and its ability to deliver profitable growth. Investors who suffered damages are urged to contact Rosen Law Firm for more information.
Robbins LLP Reminds Petco Health and Wellness Company, Inc. Investors with Large Losses to Contact the Firm for Information About the WOOF Class Action Lawsuit
Robbins LLP is reminding investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) who suffered significant losses to contact the firm regarding a class action lawsuit. The lawsuit alleges that Petco misled investors by overstating the sustainability of its pandemic-related growth and its differentiated product strategy, causing its stock price to fall. Shareholders may be eligible to participate as lead plaintiff in the class action.
Petco lawsuit focuses on pandemic pet boom and premiumization, humanization
A class action lawsuit has been filed against Petco Health and Wellness Company, Inc., alleging that the company misled investors by overstating the longevity of pandemic-driven growth and its ability to capitalize on pet humanization and premiumization trends. The lawsuit contends that Petco's business strategy was overly reliant on the assumption that pandemic-era consumer behavior, which included a surge in pet ownership and increased spending on premium products, would persist. Investors are given until August 29, 2025, to petition for lead plaintiff status, and the case highlights the risks for pet food manufacturers and retailers in over-relying on temporary demand spikes.
PETCO HEALTH AND WELLNESS COMPANY, INC. (NASDAQ: WOOF) INVESTOR ALERT Investors With Large Losses in Petco Health and Wellness Company, Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Bernstein Liebhard LLP has announced a securities class action lawsuit against Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) on behalf of investors who purchased shares between January 14, 2021, and June 5, 2025. The lawsuit alleges that Petco made misrepresentations regarding its ability to achieve sustainable, profitable growth. Investors with significant losses are encouraged to contact Bernstein Liebhard LLP to discuss their rights, with an August 29, 2025, deadline to serve as lead plaintiff.
Petco Health & Wellness Company, Inc. SEC 10-Q Report
Petco Health & Wellness Company, Inc. (WOOF) released its Form 10-Q report for the third quarter, detailing a decrease in total net sales by 2.3% to $1,493.4 million but an improvement in gross profit margin to 38.2%. The company significantly reduced its net loss from $46.5 million to $11.7 million year-over-year, and improved operating income. Petco is focusing on strategic investments in customer acquisition and retention, particularly in its services segment, to drive future growth despite lower transaction volumes.
Earnings call transcript: Petco’s Q1 2025 results miss forecasts
Petco Health and Wellness Company Inc. (WOOF) reported first-quarter 2025 results, missing EPS and revenue forecasts with an EPS of -$0.04 against an anticipated -$0.02 and revenue of $1.5 billion versus $1.55 billion. Despite the misses, the stock saw a 2.53% increase in after-hours trading, and the company reiterated its full-year adjusted EBITDA guidance. Petco is focusing on profitability, operational efficiencies, and preparing for a new membership program launch in 2026 as part of its "year of transformation."
WOOF Stock Price, News & Analysis | Petco Health & Wellness Company
This article provides a comprehensive overview of Petco Health & Wellness Company (WOOF) stock, covering its business model, financial performance, and market position. It highlights Petco's focus on pet wellness products and services, its network of pet care centers, digital platforms, and partnership with Petco Love for animal welfare. The article also includes key financial metrics, recent news, and SEC filing information, indicating the company's active status in the public market.
Earnings call transcript: Petco Q4 2024 reveals mixed results
Petco (WOOF) reported mixed Q4 2024 earnings with revenue meeting expectations at $1.55 billion, but EPS missing forecasts at -$0.05. Despite the earnings miss, the stock surged 10.25% in aftermarket trading. The company plans to close 20-30 net locations in 2025, focus on operational efficiencies, and expand its fresh frozen pet food category, aiming for improved profitability and adjusted EBITDA growth in 2025.
San Diego-based Petco names new CFO and other executives
Petco Health and Wellness has appointed Sabrina Simmons as its new Chief Financial Officer, effective February 17, 2025. This move is part of the San Diego-based company's ongoing efforts to achieve profitability and stabilize its finances, following several recent C-suite changes including a new CEO last year. Petco also announced additional executive appointments, including Michael Romanko as chief customer and product officer and Jack Stout as chief merchandising officer, as the company works to improve its retail fundamentals and return to growth.
Petco names new finance, customer, merchandising leaders
Petco Health and Wellness Company has announced three new additions to its leadership team: Sabrina Simmons as CFO, Michael Romanko as chief customer and product officer, and Jack Stout as chief merchandising officer. These appointments are aimed at strengthening retail fundamentals, driving profit improvement, and accelerating growth for the company. The new leaders bring extensive retail expertise, with Simmons previously serving as CFO at Gap, Inc., Romanko as chief merchandising and marketing officer at Five Below, Inc., and Stout as executive VP and chief merchandising officer at 7-Eleven, Inc.
PETCO STRENGTHENS LEADERSHIP TEAM WITH APPOINTMENT OF THREE PROVEN EXECUTIVES
Petco Health and Wellness Company, Inc. announced the appointment of three new executives to its leadership team: Sabrina Simmons as Chief Financial Officer, Michael Romanko as Chief Customer and Product Officer, and Jack Stout as Chief Merchandising Officer. These appointments aim to accelerate operational improvement, drive profit growth, and enhance the company's retail fundamentals. The new leaders bring extensive retail and financial expertise to strengthen Petco's strategic initiatives.
The Squeeze is on for Petco Stock, Buy it When the Dust Settles
Petco Health and Wellness (WOOF) stock is experiencing a short squeeze and technical reversal after a significant decline, driven by the hiring of a new CEO, Joel D. Anderson. Despite a rough Q2, the company's strong balance sheet suggests potential for aggressive moves. Investors are cautioned about market volatility due to short interest but can look for attractive entry points after resistance levels are met and a clear sign of business improvement emerges, likely with the next earnings report in November.
Petco Health and Wellness Hires New CEO To Spearhead Turnaround
Petco Health and Wellness Co. announced the appointment of Joel Anderson, formerly of Five Below Inc., as its new CEO, effective July 29, 2024, to lead a turnaround. Despite Anderson's successful track record at Five Below, Petco's stock (WOOF) showed little initial excitement and sold off, likely due to Five Below's recent earnings warning. The company recently reported its Q1 2024 earnings, beating top and bottom line expectations, and interim CEO Mike Mohan detailed strategies for improved profitability, traffic, and inventory management.
Petco Health + Wellness Company, Inc. Announces Appointment of Glenn Murphy as Executive Chairman of the Board of Directors
Petco Health + Wellness Company, Inc. announced the appointment of Glenn Murphy as Executive Chairman of the Board of Directors, effective immediately. Murphy will focus on improving profitability, driving long-term growth, and playing a key role in the search for a permanent CEO. His appointment includes significant share purchases and inducement awards, demonstrating a strong commitment to the company.
Petco Names Holly May as Chief Human Resources Officer
Petco Health and Wellness Company, Inc. announced the appointment of Holly May as Chief Human Resources Officer, effective February 4, 2024. May will be responsible for driving an HR strategy that supports profitable growth and Petco's mission. She brings two decades of HR experience, including previous executive roles at Walgreens Boots Alliance, Starbucks, and Visa.
Petco Health + Wellness Company, Inc. Announces Long-Term Strategic Priorities as it Shapes the Future of Pet Health and Wellness
Petco Health + Wellness Company, Inc. announced its long-term strategic priorities and financial framework during its 2022 Investor Day. The company outlined plans for sustained, profitable growth through an integrated loyalty program, expansion into rural markets, differentiated merchandise, personalization, and a flexible fulfillment network. Petco also reaffirmed its full-year 2022 guidance and provided long-term financial targets including high single-digit revenue growth and faster Adjusted EBITDA growth.
Petco says: B*rk Cancer! The Health + Wellness Company Introduces Groundbreaking Liquid Biopsy Test for Pets, Launches 'Together Strong' Social Awareness Campaign
Petco has launched "Together Strong", a pet cancer awareness campaign, and partnered with PetDx™ to offer OncoK9™, a groundbreaking multi-cancer early detection liquid biopsy test for dogs. The test will be available at select Petco vet hospitals starting May 26, 2021, with plans for a broader rollout. Petco is also encouraging pet parents to share their #TogetherStrong stories, with Petco donating $2 for each share to Petco Love to fight pet cancer.
Petco to Pay $1.3 Million to Settle Groomers’ Timesheet Dispute
Petco has agreed to pay $1.3 million to settle allegations from former employees, primarily groomers, who claimed the company altered their timesheets to reduce overtime pay. The settlement, finalized by a federal district court in New York, will distribute approximately $977,000 to class members across several states including New York, California, Florida, Idaho, Montana, and Illinois. The case has been dismissed with prejudice.
Petco names 3 diverse leaders to board of directors
Petco Health and Wellness Company, Inc. has appointed three new diverse board members: Sabrina Simmons, Mike Mohan, and Mary Sullivan. These additions bring extensive experience in retail transformation, finance, and human capital management, aiming to enhance Petco's digital-driven strategy and further its diversity goals. The new members expand the board to 11 individuals, strengthening its expertise across various crucial business functions.
