secwatch.observer — SEC 8-K summary
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Issuer:     Petco Health & Wellness Company, Inc. (WOOF)
CIK:        0001826470
Form:       8-K
Filed at:   2026-09-02T20:10:16+00:00
Accession:  0001193125-26-380189
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Petco Q2 2026: comps +0.6%, adj EBITDA $122.2M; prepays $75M debt
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- Net sales $1.5B up 0.05% YoY; comparable sales +0.6%, 2nd consecutive positive comp quarter.
- Net income $38.7M vs $14.0M; adj EBITDA $122.2M, incl $6.8M net IEEPA tariff refund benefit.
- Repaid additional $75M debt post-quarter, $170M total prepayments in 9 months; total debt $1.48B.
- Reaffirmed FY2026 outlook: net sales flat to +1.5% YoY, Adj EBITDA $415-430M; Q3 adj EBITDA $100-103M.
- Ended Q2 with 1,377 stores (1 net closure); cash $293.5M up $104.8M YoY; inventory down 1.1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826470/000119312526380189/0001193125-26-380189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826470/000119312526380189/woof-20260902.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-380189

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