---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-063278"
form_type: "8-K"
ticker: "WOOF"
cik: "0001826470"
company_name: "Petco Health & Wellness Company, Inc."
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T09:49:56.947958+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Petco reports Q1 net loss of $46.5M; revenue down 1.7% YoY to $1.5B

## Summary
- GAAP net loss of $46.5M ($0.17 per share) vs. prior year loss of $1.9M ($0.01 per share).
- Adjusted net loss of $11.8M ($0.04 per share) vs. prior year income of $14.9M ($0.06 per share).
- Adjusted EBITDA fell to $75.6M from $111.0M; operating cash flow was negative $8.4M.
- Comparable sales declined 1.2% YoY; supplies and companion animal down 6.8%, services up 4.2%.
- Interim CEO Mike Mohan cites focus on retail fundamentals and cost transformation to restore profitability.

## SEC filing metadata
- accession: 0000950170-24-063278
- form_type: 8-K
- ticker: WOOF
- cik: 0001826470
- company_name: Petco Health & Wellness Company, Inc.
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826470/000095017024063278/0000950170-24-063278-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826470/000095017024063278/woof-20240522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-063278
- JSON: https://secwatch.observer/filing/0000950170-24-063278.json
- Plain text: https://secwatch.observer/filing/0000950170-24-063278.txt

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