secwatch.observer — SEC 8-K summary
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Issuer:     Petco Health & Wellness Company, Inc. (WOOF)
CIK:        0001826470
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0000950170-24-133669
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Petco Q3 revenue $1.51B (+1.2% YoY); adj EBITDA $81.2M vs $72.2M
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- Comparable sales +1.8% YoY; consumables +2.7%, services +5.0%, supplies -2.8%.
- GAAP net loss $16.7M (-$0.06/share) vs $1.2B loss (-$4.63) prior year due to $1.2B goodwill impairment.
- Adjusted net loss $6.5M (-$0.02/share) vs $14.5M loss (-$0.05) prior year.
- Adjusted EBITDA $81.2M, up from $72.2M in Q3 last year.
- CEO Joel Anderson cites progress on retail fundamentals; expects solid finish to 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826470/000095017024133669/0000950170-24-133669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826470/000095017024133669/woof-20241205.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-133669

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