Petco beats profitability goals in FY2025; reduces leverage to 3.0x; provides FY2026 outlook

Petco Health & Wellness Company, Inc.

2025-FY EPS reported $0.03 revenue$5,961,467,000

Q4 net sales $1.5B (-2.4% YoY); comps -1.6%; Adjusted EBITDA $106.3M (+10.6%), above outlook.
Full year net sales $6.0B (-2.5%); net income $9.1M vs loss of $101.8M; Adjusted EBITDA $408.2M (+21.3%).
Leverage ratio improved from 4.2x to 3.0x; debt refinanced with $900M term loan and $600M bond, maturities extended to 2031.
FY2026 guidance: net sales flat to +1.5% YoY; Adjusted EBITDA $415M-$430M; Q1 Adjusted EBITDA $92M-$94M.
Free cash flow $187M, up 276.3%; inventory down 9.7%; net store closures ~15-20 for FY2026.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Petco Health & Wellness Company, Inc. reported quarter and year ended January 31, 2026 results: revenue $1.5 billion, net income Net loss of $2.6 million.

Period: quarter and year ended January 31, 2026
Revenue: $1.5 billion
Net income: Net loss of $2.6 million
Result: reported results

Exact text from the filing

our strategic initiatives and assumes a return to positive comps in 2026.” Q4 2025 Overview For the fourth quarter of 2025 compared to the fourth quarter of 2024: • Net sales of $1.5 billion decreased 2.4%; comparable sales decreased 1.6%. • Gross profit decreased 1.4% to $580.8 million and gross margin increased 37 basis points to 38.3%. • Operating income increased

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Petco Health & Wellness Company, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-102144

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.