{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-102144","form_type":"8-K","ticker":"WOOF","cik":"0001826470","company_name":"Petco Health & Wellness Company, Inc.","filed_at":"2026-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.386264+00:00","generated_at":"2026-05-15T15:01:21.956953+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Petco beats profitability goals in FY2025; reduces leverage to 3.0x; provides FY2026 outlook","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-102144","json":"https://secwatch.observer/filing/0001193125-26-102144.json","markdown":"https://secwatch.observer/filing/0001193125-26-102144.md","text":"https://secwatch.observer/filing/0001193125-26-102144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826470/000119312526102144/0001193125-26-102144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826470/000119312526102144/woof-20260311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T15:01:21.956953+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"842ec489f1306479dc7c43bc215b089385ed9ff2","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826470/000119312526102144/0001193125-26-102144-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter and year ended January 31, 2026"},{"label":"Revenue","value":"$1.5 billion"},{"label":"Net income","value":"Net loss of $2.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}