NASDAQ$WOOF

Petco Health & Wellness Company Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Petco reported Q1 2025 results with revenue of $1.49 billion and improved profitability versus the prior year.

Net sales declined 2.3% to $1.49 billion driven by lower transaction volumes and fewer pet care centers, partially offset by services growth. Operating income turned positive to $16.4 million from a loss of $16.8 million, and net loss narrowed to $11.7 million. Adjusted EBITDA rose to $89.4 million with margin expansion to 6.0%.

  • Net sales fell 2.3% year-over-year to $1.49 billion amid lower volumes and store count.
  • Operating income improved to $16.4 million from a $16.8 million loss, aided by cost controls and gross margin gains.
  • Comparable sales declined 1.3%, with services showing resilience while products weakened.
  • Adjusted EBITDA increased 18% to $89.4 million, reflecting operational improvements and SG&A reductions.

Headline financials

Total Revenue

$1.49B

Previous: $1.53B-2.3%
EPS (adj)

-$0.04

Previous: -$0.17+76.5%
Comparable sales growth

-1.3%

No prior period
Adjusted EBITDA

$89.4M

No prior period
Adjusted EBITDA margin

6.0%

No prior period
Capital Expenditures

-$28.4M

Previous: -$32.6M+13.0%
Free Cash Flow

-$40.1M

Previous: -$79.1M+49.4%
Net Income

-$11.7M

Previous: -$46.5M+74.9%
Operating Income

$16.4M

Previous: -$16.8M+197.5%
Gross Profit

$570M

Previous: $579M-1.5%
Cash & Equivalents

$133M

Previous: $89.7M+48.6%
Total Assets

$5.12B

Previous: $5.26B-2.6%

Revenue & EPS history

Petco · Revenue · Quarterly

$1.49B

Q1 2025-2.3%vs Q1 2024
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Petco · $1.49B total across 2 segments · Q1 2025

  • Products
    $1.24B—
  • Services and other
    $252M—

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+4.4%

Avg return

Earnings day

+3.6%

Avg return

5 days after

+1.2%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+43.2%

Q2 2024

Best reaction

-21.4%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.2%-10.8%—
Q4 2025+34.0%+40.8%+16.2%
Q3 2025+13.9%+2.4%-1.3%
Q2 2025+23.5%+2.5%+8.4%
Q1 2025+4.4%+4.1%-1.0%
Q4 2024+31.6%+21.3%+26.6%
Q3 2024+4.8%-9.8%-19.6%
Q2 2024+43.2%+60.7%+78.2%
Q1 2024+29.4%+46.1%+44.5%
Q4 2023-19.5%-21.5%-32.8%
Q3 2023-21.4%-5.7%-17.7%
Q2 2023-17.1%-17.3%-40.2%
Q1 2023-20.8%-21.2%-13.9%
Q4 2022-20.4%-21.1%-4.8%
Q3 2022+16.9%+15.7%-0.1%
Q2 2022-3.2%-4.6%-23.9%
Q1 2022+5.1%+12.7%+12.3%
Q4 2021+8.1%+4.2%+13.9%
Q3 2021-15.5%-17.5%-19.0%
Q2 2021+11.6%+12.0%+16.5%
Q1 2021-4.0%-6.6%-13.5%
Q4 2020-0.9%-6.1%-3.1%
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