---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-082319"
form_type: "8-K"
ticker: "WOOF"
cik: "0001826470"
company_name: "Petco Health & Wellness Company, Inc."
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T22:36:42.800287+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Petco Q1 net sales down 2.3% to $1.5B; net loss improves to $11.7M; reaffirms FY2025 outlook

## Summary
- Net sales $1.5B, down 2.3% YoY; comparable sales -1.3%; gross margin +30bps to 38.2%.
- Operating income improved $33.1M to $16.4M; GAAP net loss improved $34.8M to $11.7M.
- Adjusted EBITDA rose $13.8M to $89.4M, ahead of guidance.
- Q2 2025 outlook: net sales down low single digits YoY; Adj. EBITDA $92-$94M.
- FY2025 outlook reaffirmed: Adj. EBITDA $375-$390M; capex $125-$130M; assumes tariffs at current levels.

## SEC filing metadata
- accession: 0000950170-25-082319
- form_type: 8-K
- ticker: WOOF
- cik: 0001826470
- company_name: Petco Health & Wellness Company, Inc.
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1826470/000095017025082319/0000950170-25-082319-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826470/000095017025082319/woof-20250605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-082319
- JSON: https://secwatch.observer/filing/0000950170-25-082319.json
- Plain text: https://secwatch.observer/filing/0000950170-25-082319.txt

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