secwatch.observer — SEC 8-K summary
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Issuer:     Petco Health & Wellness Company, Inc. (WOOF)
CIK:        0001826470
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0001564590-22-021054
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Petco Q1 net revenue $1.48B (+4.3% YoY); net income up 227% to $0.09 EPS
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826470/000156459022021054/0001564590-22-021054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826470/000156459022021054/woof-8k_20220524.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-021054

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