Jacob Nivasch's questions to Petco Health and Wellness Company Inc (WOOF) leadership • Q1 2025
Question
Jacob Nivasch of Guggenheim Securities, LLC asked for insights into what Petco's most loyal customer cohorts are seeking, in order to better understand the company's wallet share opportunity.
Answer
CEO Joel Anderson responded that detailed insights into customer segmentation and preferences are forthcoming. He explained that the company's 'North Star' research project is currently underway and that its findings, expected in the second half of the year, will inform their growth strategy.