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$WOOF: Banking on the Pet Industry
TL;DR
  • Petco’s omnichannel push will help it solidify itself as top pet health and wellness company with a strong defensible moat and loyal customer base

  • Continued push into value-added services creates a closed-ended one-stop-shop ecosystem for all pet owners

  • Its strategic initiatives will drive top-line growth and significantly improve the company’s profitability and cash flow

  • Given the company’s strategic growth initiatives, the market is mispricing the potential for Petco to deliver outsized returns over the next few years

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cedargrovecapital.substack.com
WOOF: Banking on the Pet Industry
Why we believe Petco has all the makings of delivering outsized shareholder returns

Paul Cerro's avatar
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