Petco Health & Wellness (WOOF) Reports Q3 Loss, Tops Revenue Estimates
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Petco Health & Wellness (WOOF) reported a Q3 loss of $0.02 per share, which was better than the expected loss of $0.03 per share. The company also topped revenue estimates.
December 05, 2024 | 11:30 pm
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Petco Health & Wellness reported a Q3 loss of $0.02 per share, better than the expected $0.03 loss, and exceeded revenue estimates.
Petco's reported loss was smaller than expected, and the company exceeded revenue estimates, which is likely to positively impact the stock price in the short term as it indicates better-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100