secwatch.observer — SEC 8-K summary
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Issuer:     Petco Health & Wellness Company, Inc. (WOOF)
CIK:        0001826470
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0000950170-23-009043
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826470/000095017023009043/0000950170-23-009043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826470/000095017023009043/woof-20230322.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-009043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer