---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-066548"
form_type: "8-K"
ticker: "WOOF"
cik: "0001826470"
company_name: "Petco Health & Wellness Company, Inc."
filed_at: "2023-11-29T23:59:59+00:00"
generated_at: "2026-06-07T20:26:11.160862+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Petco posts Q3 net loss of $1.2B on $1.49B revenue; non-cash impairment charge

## Summary
- GAAP net loss of $1.2B ($4.63 per share) includes $1.2B non-cash goodwill impairment from 2015.
- Net revenue $1.49B, down 0.5% YoY; comparable sales flat YoY but up 4.1% two-year.
- Adjusted EBITDA fell to $72.2M from $120.2M YoY; adjusted EPS $(0.05) vs $0.11.
- Operating cash flow $34.4M vs $109.4M YoY; free cash flow negative $(28.1)M.
- Year-to-date free cash flow $(7.8)M vs $(2.6)M in prior year period.

## SEC filing metadata
- accession: 0000950170-23-066548
- form_type: 8-K
- ticker: WOOF
- cik: 0001826470
- company_name: Petco Health & Wellness Company, Inc.
- filed_at: 2023-11-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826470/000095017023066548/0000950170-23-066548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826470/000095017023066548/woof-20231129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-066548
- JSON: https://secwatch.observer/filing/0000950170-23-066548.json
- Plain text: https://secwatch.observer/filing/0000950170-23-066548.txt

## Key facts
- Earnings Releases
  Petco Health & Wellness Company, Inc. reported quarter ended October 28, 2023 results: revenue $1.49 billion, net income $(1.2 billion), or $(4.63) per share, EPS $(4.63) per share.
  - Period: quarter ended October 28, 2023
  - Revenue: $1.49 billion
  - Net income: $(1.2 billion), or $(4.63) per share
  - EPS: $(4.63) per share
  - Result: reported results
  source text: Company, Inc. Reports Third Quarter Earnings Q3 2023 Operating Results • Comparable sales flat year-over-year and increased 4.1 percent on a two-year basis • Net revenue of $1.49 billion decreased 0.5 percent year-over-year • GAAP net loss of $1.2 billion, or $(4.63) per share, reflecting a $1.2 billion non-cash goodwill impairment charge associated with goodwill
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826470/000095017023066548/0000950170-23-066548-index.htm

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