Petco Health and Wellness (WOOF) Projected to Post Earnings on Thursday

Key Points

• Petco Health and Wellness is set to release its Q2 2026 earnings report on August 28th, with analysts projecting earnings of $0.01 per share and revenue of $1.4929 billion.
• The company previously reported a loss of ($0.04) earnings per share and revenue of $1.49 billion in June, falling short of analysts' estimates.
• Recent analyst ratings have seen Morgan Stanley lowering its price target for Petco from $5.00 to $4.50, while Wells Fargo raised it from $3.00 to $3.50, resulting in an average target price of $3.75 for the stock.

Petco Health and Wellness (NASDAQ:WOOF - Get Free Report) is anticipated to release its Q2 2026 results after the market closes on Thursday, August 28th. Analysts expect Petco Health and Wellness to post earnings of $0.01 per share and revenue of $1.4929 billion for the quarter. Individuals can find conference call details on the company's upcoming Q2 2026 earningreport page for the latest details on the call scheduled for Thursday, August 28, 2025 at 4:30 PM ET.

Petco Health and Wellness (NASDAQ:WOOF - Get Free Report) last posted its quarterly earnings data on Thursday, June 5th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.03). The business had revenue of $1.49 billion during the quarter, compared to analysts' expectations of $1.50 billion. Petco Health and Wellness had a negative return on equity of 4.29% and a negative net margin of 1.10%.The firm's revenue for the quarter was down 2.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.04) EPS. On average, analysts expect Petco Health and Wellness to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Petco Health and Wellness Stock Performance

Shares of WOOF opened at $3.39 on Thursday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.85 and a quick ratio of 0.25. Petco Health and Wellness has a 1 year low of $2.28 and a 1 year high of $6.29. The firm has a market cap of $1.07 billion, a PE ratio of -14.12 and a beta of 1.72. The stock's fifty day moving average price is $3.07 and its two-hundred day moving average price is $3.04.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Morgan Stanley reduced their price objective on Petco Health and Wellness from $5.00 to $4.50 and set an "equal weight" rating on the stock in a research report on Friday, June 6th. Wells Fargo & Company increased their price objective on Petco Health and Wellness from $3.00 to $3.50 and gave the stock an "equal weight" rating in a report on Friday, June 6th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $3.75.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Sei Investments Co. grew its stake in Petco Health and Wellness by 12.8% in the second quarter. Sei Investments Co. now owns 26,055 shares of the company's stock worth $74,000 after purchasing an additional 2,951 shares in the last quarter. Nebula Research & Development LLC lifted its holdings in shares of Petco Health and Wellness by 136.5% during the 2nd quarter. Nebula Research & Development LLC now owns 40,707 shares of the company's stock valued at $115,000 after purchasing an additional 23,493 shares during the last quarter. Bank of Nova Scotia raised its stake in Petco Health and Wellness by 27.8% in the 2nd quarter. Bank of Nova Scotia now owns 15,208 shares of the company's stock worth $43,000 after acquiring an additional 3,308 shares during the last quarter. Cerity Partners LLC raised its stake in Petco Health and Wellness by 42.3% in the 2nd quarter. Cerity Partners LLC now owns 116,949 shares of the company's stock worth $331,000 after acquiring an additional 34,782 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Petco Health and Wellness during the 2nd quarter worth about $612,000.

Petco Health and Wellness Company Profile

Petco Health and Wellness Company, Inc, operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics.

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