Petco Health and Wellness Company Inc (WOOF) recently released its financial results for the quarter ending April 30. The company reported an adjusted earnings per share of 1 cent, a notable improvement from the -4 cents it recorded in the same quarter last year. This figure beat the consensus estimate of no profit (-2 cents) held by eleven analysts, with expectations ranging from -5 cents to 1 cent.
In terms of revenue, Petco experienced a slight decline of 2.3%, totaling $1.49 billion, marginally below the expected $1.50 billion. Despite the revenue dip, the company managed to report a quarterly net loss of $11.66 million, with an EPS of -4 cents.
Investors responded positively to the earnings report, leading to a 16.7% rise in Petco’s shares during the quarter. However, year-to-date, the stock has decreased by 6.6%. Analysts’ forecasts have become slightly more optimistic, with the mean earnings estimate rising by approximately 2.1% over the past three months. Currently, the consensus rating on Petco shares is ‘hold’, with recommendations distributed as 2 ‘strong buy’ or ‘buy’, 8 ‘hold’, and 1 ‘sell’ or ‘strong sell.’
Wall Street’s median 12-month price target for Petco is set at $4.00, indicating moderate upside potential based on current valuations.
This financial summary was generated from data provided by Thomson Reuters on June 5, 2025. For further inquiries, stakeholders are encouraged to contact the provided support email.
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