secwatch.observer — SEC 8-K summary
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Issuer:     Petco Health & Wellness Company, Inc. (WOOF)
CIK:        0001826470
Form:       8-K
Filed at:   2023-08-24T23:59:59+00:00
Accession:  0000950170-23-044238
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Petco Q2 net loss $14.6M vs net income $13.5M a year ago; revenue up 3.4% to $1.53B
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- Comparable sales grew 3.2% YoY; 19th consecutive quarter of comp sales growth.
- Net loss of $14.6M ($0.05 loss per share) vs net income of $13.5M ($0.05 EPS) in prior year.
- Adjusted EBITDA fell to $112.6M from $133.5M; adjusted EPS $0.06 vs $0.16.
- Operating cash flow improved to $96.6M from $42.6M; free cash flow $44.6M from $(27.7)M.
- Revenue of $1.53B up 3.4% YoY on continued services and consumables strength.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826470/000095017023044238/0000950170-23-044238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826470/000095017023044238/woof-20230824.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-044238

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