Petco Health & Wellness Company Inc (WOOF) revealed Loss for third quarter that decreased from last year but beat the Street estimates.
The company's earnings came in at -$16.67 million, or -$0.06 per share. This compares with -$1.241 billion, or -$4.63 per share, in last year's third quarter.
Excluding items, Petco Health & Wellness Company Inc reported adjusted earnings of -$6.53 million or -$0.02 per share for the period.
Analysts on average had expected the company to earn -$0.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.1% to $1.511 billion from $1.494 billion last year.
Petco Health & Wellness Company Inc earnings at a glance (GAAP) :
-Earnings (Q3): -$16.67 Mln. vs. -$1.241 Bln. last year.-EPS (Q3): -$0.06 vs. -$4.63 last year.-Revenue (Q3): $1.511 Bln vs. $1.494 Bln last year.
-Guidance:Next quarter EPS guidance: $0.00 - $0.02Next quarter revenue guidance: $1.55 Bln
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.