Petco Health and Wellness Company, Inc. (WOOF) News
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- For WOOF, its 30 day story count is now at 13.
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Latest WOOF News From Around the Web
Below are the latest news stories about Petco Health & Wellness Company Inc that investors may wish to consider to help them evaluate WOOF as an investment opportunity.
Petco Health and Wellness Company, Inc. (NASDAQ: WOOF), a complete partner in pet health and wellness, today announced a commitment to increasing its assortment of sustainable products to 50% by the end of 2025, reinforcing the company's pledge to corporate social responsibility and to preserving the health and wellness of pets, people and planet.
The U.S. pet care market is growing fast, with the spending at $97 billion in 2020.
Petco Health and Wellness Company, Inc. -- Moody's announces completion of a periodic review of ratings of Petco Health and Wellness Company, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Petco Health and Wellness Company, Inc.Global Credit Research - 09 Apr 2021New York, April 09, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Petco Health and Wellness Company, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 6 April 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each p...
Photo by Capuski/E+ via Getty ImagesInvestment Thesis Petco Health and Wellness (WOOF) is in a turnaround situation. An integrated approach to pet care has numerous benefits including, convenience and cost. The company faces stiff competition from the likes of Chewy (CHWY) and PetSmart. Should the company reduce some of its...
Photo by Bruce Bennett/Getty Images News via Getty Images There came about a number of trends in 2020 during what was an extraordinary year. One notable trend was the idea that tens of millions of people suddenly began working from home rather than offices, which helped lead to another mega-trend...
Petco Introduces New "Whole Health" Philosophy and Consumer Challenge, Helps Pet Parents go Beyond the Basics to Provide their Pets with Full, Rewarding Lives
Petco Health and Wellness Company, Inc. (NASDAQ: WOOF), a complete partner in pet health and wellness, today launched Petco Whole Health – an industry-leading, first framework that consists of five interconnected dimensions of pet health – physical health, mental health, social health, home health and accessible health – created with the focus to improve pet well-being and strengthen one another when addressed as a whole. As a part of the launch, Petco will also kick off a three-week Petco Whole Health challenge on April 5 to support and reward pet parents for taking action to improve their pets' overall wellness.
Petco Health and Wellness Company posted better-than-expected results for the fiscal fourth quarter (ended Jan. 30), driven by digital sales growth of 90%. Shares of the pet health and wellness business operator rose 1.4% in Thursday’s extended trading session after closing 3.8% lower on the day. Petco’s (WOOF) 4Q adjusted earnings increased 88.9% to $0.17 per share on a year-over-year basis and beat Street estimates of $0.11 per share. Net sales jumped 16% to $1.34 billion and surpassed analysts’ expectations of $1.31 billion. The company’s comparable sales growth was 17% during the quarter. Additionally, adjusted EBITDA expanded 13% to $148.6 million.
On CNBC's "Fast Money Halftime Report," Stephen Weiss is not a buyer of Petco Health and Wellness Company Inc (NASDAQ: WOOF ). There are other retailers he would much rather own. Pete Najarian is not a huge ETF fan because he likes a better beta. Instead of Roundhill Sports Betting & iGaming … Full story available on Benzinga.com
Petco also sees a strategic advantage from its brick-and-mortar stores, known as pet-care centers.
Petco CEO Ron Coughlin joins Yahoo Finance’s Julia La Roche to discuss the company’s first earnings report since going public.