NASDAQ$WOOF
Petco Health & Wellness Company Inc · Q3 2025 earnings
Q3 2025 earnings · · After market close · Investor relations
Briefing
Petco posted a modest profit and improved profitability metrics despite a year-over-year sales decline.
Petco delivered $1.46 billion in revenue and returned to profitability in Q3 2025, driven by operational improvements and cost control. Despite declining comparable and total sales, the company expanded margins and grew adjusted EBITDA.
- Net sales declined 3.1% YoY, totaling $1.46 billion.
- GAAP net income reached $9.3 million, reversing a loss from the prior year.
- Operating income rose to $29.2 million, up from $4 million last year.
- Adjusted EBITDA grew to $98.6 million, reflecting improved operational efficiency.
Headline financials
Revenue & EPS history
Petco · Revenue · Quarterly
$1.46B
Revenue by segment
Petco · $1.49B total across 2 segments · Q1 2025
- Products$1.24B—83.2%
- Services and other$252M—16.8%
Forward guidance
Petco raised its FY2025 adjusted EBITDA outlook while narrowing revenue expectations, reflecting confidence in profitability initiatives amid ongoing sales pressures.
Tailwinds
- Raised midpoint of FY2025 Adjusted EBITDA guidance by $6 million.
- Q4 Adjusted EBITDA projected between $93M–$95M.
- Profitability improvements expected to continue into Q4.
- Net store closures remain modest (~20 for FY).
- Transformation strategy aimed at setting up growth for FY2026.
Headwinds
- FY2025 revenue expected to decline by 2.5% to 2.8%.
- Q4 revenue projected to decline YoY (low single digits).
- Interest expense remains high (~$125M for FY).
- Cost pressures from macroeconomic factors persist.
- Store count reduction signals footprint optimization over expansion.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
+4.9%
Avg return
Earnings day
+4.3%
Avg return
5 days after
+1.2%
Avg return
30 days after
57%
12 / 21 earnings
Positive
+43.2%
Q2 2024
Best reaction
-21.4%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| 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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