Petco Health and Wellness Company, Inc. Class A Common Stock (WOOF)
Petco Health and Wellness Company, Inc. (WOOF) is a leading pet specialty retailer offering pet products, services, and solutions. Established in 1965, the company operates both brick-and-mortar stores and an e-commerce platform, providing pet food, supplies, toys, and grooming and veterinary services. Petco focuses on promoting pet health and wellness through a wide range of products and professional services aimed at enhancing the lives of pets and their owners.
Company News
Johnson Fistel initiated an investigation into Petco's board members and executives for potential securities fraud, alleging false statements about business sustainability and growth prospects during the pandemic.
Petco reported Q2 2025 results with declining revenue but improved profitability, driven by cost discipline and margin expansion. The company raised its full-year adjusted EBITDA guidance and continues to focus on services and digital integration.
The Schall Law Firm is pursuing a class action lawsuit against Petco Health and Wellness for allegedly making false and misleading statements about its business model and growth opportunities between January 2021 and June 2025.
Petco (WOOF) delivered earnings and revenue surprises of 33.33% and 1.71%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?