Petco Health and Wellness Q2Adj. EPS $0.06
Portfolio Pulse from Benzinga Newsdesk
Petco Health and Wellness (NASDAQ:WOOF) reported Q2 earnings of $0.06 per share, a 68.42% decrease from the same period last year. The company also reported quarterly sales of $1.53 billion, a 3.31% increase from last year, both figures meeting analyst consensus estimates.
August 24, 2023 | 11:01 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Petco's Q2 earnings per share decreased by 68.42% YoY, while sales increased by 3.31% YoY. Both figures met analyst consensus estimates.
Petco's earnings per share decreased significantly compared to the same period last year, which could be a concern for investors. However, the company's sales increased slightly, and both figures met analyst consensus estimates, which could mitigate potential negative impacts on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100