The Latest Breaking News from WOOF

Petco Health and Wellness (NASDAQ:WOOF) will release its quarterly earnings report on Thursday, 2024-12-05. Here's a brief overview for investors ahead of the announcement.

For those feeling the speculative itch, the market has brought to the table a compelling opportunity in the form of WOOF stock.

Petco Health And Wellness Company Inc (NASDAQ:WOOF) has launched a new community-driven test concept to serve the wellness needs of pets and farm animals in small towns and rural communities. The company will open its first location under the concept on June 17 in Floresville, Texas. Related: Here's Why Needham Is Bullish On This Pet…

Needham analyst Anna Andreeva said she does not see any trade down in Petco Health And Wellness Company Inc (NASDAQ: WOOF) as it continues to pass through inflation successfully.

In today's article I will analyze and compare Petco Health and Wellness (WOOF) and Chewy (CHWY) to determine which pet stock is currently a better investment.

Despite lingering supply chain disruptions, the retail industry is expected to benefit from strong consumer demand and accelerated digital transformation. Certain retail companies recorded better-than-expected quarterly earnings in their last reported quarters. So, considering their strong financials and solid growth prospects, we think it could be wise to invest in…

Petco Health And Wellness Company Inc (NASDAQ:WOOF) reported first-quarter FY22 sales growth of 4.3% year-on-year, to $1.48 billion, beating the consensus of $1.46 billion. Comparable sales growth was 5.1%. The gross profit rose 2% Y/Y to $607.7 million with a margin of 41.2%. Selling, general and administrative expenses increased 2% to $557.7 million.…

Despite rising pet care costs amid the Russia-Ukraine war and record-high inflation, the demand for pet care products remains strong. And because a significant increase in pet ownership amid the COVID-19 pandemic is expected to keep the demand high, we think it could be wise to scoop up shares of…

Needham analyst Anna Andreeva gave Petco Health And Wellness Co Inc (NASDAQ:WOOF) a Buy rating with a price target of $30.00 (45% upside). Andreeva notes Petco is becoming an omni-channel powerhouse after revamping its digital capabilities under CEO Ron Coughlin. The analyst thinks that the company’s bundled offerings model has a significant advantage over digital-only players. Petco…