---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-009043"
form_type: "8-K"
ticker: "WOOF"
cik: "0001826470"
company_name: "Petco Health & Wellness Company, Inc."
filed_at: "2023-03-22T23:59:59+00:00"
generated_at: "2026-06-17T21:35:58.457933+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# Petco Q4 revenue up 4.2% to $1.58B; comp sales +5.3%; net income $32.7M

## Summary
- Q4 net revenue $1.58B (+4.2% YoY); comparable sales +5.3% (17th consecutive quarter of comp growth).
- Q4 net income $32.7M ($0.12 EPS) vs $29.0M ($0.11); adjusted EPS $0.23 vs $0.28.
- Full year revenue $6.04B (+3.9%); net income $90.8M ($0.34) vs $164.4M ($0.62); adjusted EBITDA $582.3M (-1.5%).
- Q4 operating cash flow $136.5M (+95.7%); free cash flow $70.6M vs negative $5M prior year.
- In March 2023, paid down $35M on term loan; targeting $100M total principal payments for 2023.

## SEC filing metadata
- accession: 0000950170-23-009043
- form_type: 8-K
- ticker: WOOF
- cik: 0001826470
- company_name: Petco Health & Wellness Company, Inc.
- filed_at: 2023-03-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826470/000095017023009043/0000950170-23-009043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826470/000095017023009043/woof-20230322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-009043
- JSON: https://secwatch.observer/filing/0000950170-23-009043.json
- Plain text: https://secwatch.observer/filing/0000950170-23-009043.txt

## Key facts
- Earnings Releases
  Petco Health & Wellness Company, Inc. reported the quarter ended January 28, 2023 results: revenue $1.58 billion, net income $32.7 million, EPS $0.12 per share. Guidance initiated.
  - Period: the quarter ended January 28, 2023
  - Revenue: $1.58 billion
  - Net income: $32.7 million
  - EPS: $0.12 per share
  - Guidance: initiated
  - Result: reported results
  source text: In the fourth quarter of 2022, Petco delivered net revenue of $1.58 billion, up 4.2 percent versus prior year, driven by strength in the company’s consumables business, up 12.1 percent versus prior year, and services and other business, up 17.0 percent versus prior year, which was partially offset by its supplies and companion animal business, down 7.8 percent versus prior year. Net income was $32.7 million or $0.12 per share, compared to $29.0 million or $0.11 per share in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826470/000095017023009043/0000950170-23-009043-index.htm
- Earnings Releases
  Petco Health & Wellness Company, Inc. reported the fiscal year ended January 28, 2023 results: revenue $6.04 billion, net income $90.8 million, EPS $0.34 per share. Guidance initiated.
  - Period: the fiscal year ended January 28, 2023
  - Revenue: $6.04 billion
  - Net income: $90.8 million
  - EPS: $0.34 per share
  - Guidance: initiated
  - Result: reported results
  source text: For the full year 2022, Petco delivered net revenue of $6.04 billion, up 3.9 percent versus prior year. Revenue growth was driven by strength in the company’s consumables business, up 12.9 percent versus prior year, and services and other business, up 20.2 percent versus prior year, and partially offset by its supplies and companion animal business, down 8.9 percent versus prior year. Net income was $90.8 million or $0.34 per share, compared to $164.4 million or $0.62 per share in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826470/000095017023009043/0000950170-23-009043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.