Petco Q3 net revenue $1.50B (+4.0% YoY); net income falls to $19.9M from $52.8M; reaffirms revenue and EBITDA guidance

Petco Health & Wellness Company, Inc.

2022-Q3 EPS reported $0.22 revenue$4,458,008,000

Net revenue $1.50B (+4.0% YoY); comparable sales up 4.1%, marking 16th consecutive quarter of growth.
Net income $19.9M ($0.07 EPS) vs $52.8M ($0.20) prior year; adjusted EPS $0.16 vs $0.20.
Adjusted EBITDA $137.6M, down $1.0M YoY; operating cash flow $109.4M (+27% YoY).
Reaffirmed FY revenue $5.975B-$6.05B and Adjusted EBITDA $580-595M; updated adjusted EPS guidance to $0.75-$0.79.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Petco Health & Wellness Company, Inc. reported third quarter ended October 29, 2022 results: revenue $1.50 billion, net income $19.9 million, EPS $0.07 per share.

Period: third quarter ended October 29, 2022
Revenue: $1.50 billion
Net income: $19.9 million
EPS: $0.07 per share
Result: reported results

Exact text from the filing

In the third quarter of 2022, Petco delivered net revenue of $1.50 billion, up 4.0 percent versus prior year. Net income was $19.9 million or $0.07 per share compared to $52.8 million or $0.20 per share in the prior year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Petco Health & Wellness Company, Inc. reported fiscal year 2022 results: revenue $5.975 billion to $6.05 billion, EPS $0.75 to $0.79 per share. Guidance reaffirmed.

Period: fiscal year 2022
Revenue: $5.975 billion to $6.05 billion
EPS: $0.75 to $0.79 per share
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

Reaffirms full year guidance for net revenue of $5.975 billion to $6.05 billion and Adjusted EBITDA 1 of $580.0 million to $595.0 million; Updates full year guidance for Adjusted Earnings Per Share 1 to between $0.75 and $0.79

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Petco Health & Wellness Company, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-025835

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.