The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
Q3 2024 Overview
Net revenue of $1.51 billion increased 1.2 percent year over year and comparable sales increased 1.8 percent year over yearGross profit of $575.8 million increased 4.7 percent year over year, compared to $550.0 million in the prior yearGAAP net loss of $16.7 million, or $(0.06) per share, compared to GAAP net loss of $1.2 billion, or $(4.63) per share in the prior year that included a $1.2 billion non-cash goodwill impairment charge Adjusted Net Income1 of $(6.5) million, or $(0.02) per share1, compared to Adjusted Net Income1 of $(14.5) million, or $(0.05) per share1 in the prior yearAdjusted EBITDA1 of $81.2 million compared to $72.2 million in the prior yearSAN DIEGO, Nov. 6, 2024 /PRNewswire/ -- On December 5, 2024, at approximately 4:00 p.m. Eastern, Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, will release its third quarter 2024 earnings results.
Additionally, Petco executives will host a conference call at approximately 4:30 p.m. Eastern to review the company's financial and operating performance.
Q2 2024 Overview
Net revenue of $1.52 billion decreased 0.5 percent year over year Comparable sales increased 0.3 percent year over year and increased 3.5 percent on a two-year basis GAAP net loss of $24.8 million, or $(0.09) per share, compared to GAAP net loss of $14.6 million, or $(0.05) per share in the prior yearAdjusted EBITDA1 of $83.5 million compared to $112.6 million in the prior yearOperating Cash Flow of $69.4 million compared to $96.6 million in the prior yearFree Cash Flow 1 of $42.0 million compared to $44.6 million in the prior year