Petco Health and Wellness Company, Inc. Class A Common Stock
WOOFPetco 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
The global pet grooming products market is projected to grow from USD 16.30 billion in 2026 to USD 23.87 billion by 2032, at a CAGR of 6.43%. The market is experiencing transformation driven by premiumization, omnichannel retail strategies, sustainability demands, and supply chain adjustments due to U.S. tariff changes. Key trends include wellnes...
Petco experienced a data security incident where a software application setting accidentally exposed files on the internet. The company has initiated an investigation and secured the exposed material, with potential legal action being considered.
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 faces a class action lawsuit alleging misleading statements about pandemic-driven growth and financial performance, resulting in significant stock price declines.
Faruqi & Faruqi, LLP is investigating potential securities claims against Petco Health and Wellness Company, alleging false statements about pandemic-related business performance and growth sustainability, with stock price dropping 23.34% after Q1 2025 financial results.
