Petco Q2 net sales down 2.3% YoY, EBITDA up; raises FY2025 earnings outlook

Petco Health & Wellness Company, Inc.

2025-Q2 EPS reported $0.01 revenue$2,981,928,000

Q2 net sales $1.5B (-2.3% YoY); comparable sales -1.4%; gross margin expanded 120bps to 39.3%.
GAAP net income $14.0M (improved $38.8M); Adjusted EBITDA $113.9M (+$30.3M).
Full year FY2025 outlook: net sales down low single digits; Adj. EBITDA raised to $385M-$395M; net store closures ~25.
Q3 FY2025 outlook: Adj. EBITDA $92M-$94M; net sales down low single digits.
CEO Joel Anderson: 'first half established solid foundation for transformation; raising earnings outlook.'

item 2.02item 7.01item 9.01

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.