Petco Health and Wellness Reaffirms FY23 Guidance; Net Revenue $6.15B-$6.275B (Consensus $6.27B), Adjusted EPS $0.40-$0.48 (Consensus $0.45)
Portfolio Pulse from Benzinga Newsdesk
Petco Health and Wellness has reaffirmed its FY23 guidance, projecting net revenue of $6.15B-$6.275B and adjusted EPS of $0.40-$0.48, which is in line with the consensus estimates of $6.27B and $0.45 respectively.

May 24, 2023 | 11:07 am
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Petco Health and Wellness reaffirms FY23 guidance, with net revenue and adjusted EPS projections in line with consensus estimates.
Petco Health and Wellness has reaffirmed its FY23 guidance, which is in line with consensus estimates. This news is directly related to the company and is important for investors, but since the projections are in line with expectations, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100