Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from Petco Health and Wellness Company ( (WOOF) ).
Petco Health and Wellness Company reported a 1.2% increase in net revenue for Q3 2024, with total earnings of $1.51 billion, despite a GAAP net loss of $16.7 million. The company saw growth in its consumables and services sectors, while supplies and companion animal businesses declined. CEO Joel Anderson expressed optimism about Petco’s future, focusing on profitability and free cash flow. For Q4, Petco forecasts revenue of approximately $1.55 billion, with adjusted EBITDA between $90 million and $95 million.
For an in-depth examination of WOOF stock, go to TipRanks’ Stock Analysis page.
