Petco Narrows Q4 Loss, Revenue Slips, Sees Lower Q1, 2025 Revenue; Shares Climb Late

MT Newswires Live
27 Mar

Petco Health & Wellness (WOOF) late Wednesday reported a Q4 net loss of $0.05 per diluted share compared with a $0.08 loss a year earlier.

Analysts polled by FactSet expected a $0.02 loss.

Revenue for the quarter ended Feb. 1 was $1.55 billion, down from $1.67 billion a year earlier.

Analysts expected $1.56 billion.

For Q1, the pet supplies company expects revenue to decline in the low-single digits. Analysts are looking for $1.56 billion.

For 2025, Petco is projecting revenue to decline in the low-single digits from a year ago when it generated $6.12 billion. Analysts are expecting $6.25 billion.

Petco shares were climbing more than 8% in Wednesday's extended session.

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