earnings
confidence high
sentiment positive
materiality 0.75
Petco Q1 net revenue $1.48B (+4.3% YoY); net income up 227% to $0.09 EPS
Petco Health & Wellness Company, Inc.
2022-Q1 EPS reported
$0.09
revenue$1,475,991,000
- Comparable sales grew 5.1% YoY and 33.5% on a two-year stack; 14th consecutive quarter of growth.
- Net income $24.7M ($0.09 EPS) vs $7.6M ($0.03 EPS) prior year; adjusted EPS $0.17 consistent YoY.
- Adjusted EBITDA rose 5.4% to $132.6M from $125.8M in Q1 2021.
- Full-year FY2022 guidance maintained: revenue $6.15B-$6.25B, adj. EBITDA $630M-$645M, adj. EPS $0.97-$1.00.
- Operates over 200 wholly owned veterinary hospitals, supporting services and recurring revenue growth.