secwatch.observer — SEC 8-K summary
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Issuer:     Petco Health & Wellness Company, Inc. (WOOF)
CIK:        0001826470
Form:       8-K
Filed at:   2024-09-10T23:59:59+00:00
Accession:  0000950170-24-105135
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 2024: revenue flat at $1.52B, GAAP net loss $24.8M, adjusted EBITDA down 26%
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- Net revenue $1.52B, down 0.5% YoY; comparable sales +0.3% YoY.
- GAAP net loss $24.8M ($0.09 loss per share) vs $14.6M loss a year ago.
- Adjusted EBITDA $83.5M vs $112.6M; Adjusted net loss $5.9M vs prior-year profit.
- Consumables +1.5%, services +3.1%, supplies/companion animal -4.7% YoY.
- Operating cash flow $69.4M, free cash flow $42.0M; both declined YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826470/000095017024105135/0000950170-24-105135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826470/000095017024105135/woof-20240910.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-105135

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