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Petco $WOOF beats on top and bottom line
Rev: $1.48B vs $1.45B
EPS: $0.17 vs. $0.15

Maintains FY guidance
14th consecutive quarter of +SSS
24.4M Net new Customers (+400k)
4% rev growth translated into 5% adj. EBITDA Growth
Services grew at 18%

To see why we are bullish on the Pet industry and on Petco specifically, take look at our in-depth research below (audio version included).



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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
$25.9MFollowers
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