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    Petco Health and Wellness Company Inc (WOOF)

    Q1 2026 Earnings Summary

    Reported on Jan 1, 1970 (After Market Close)
    Pre-Earnings Price$3.62Last close (Jun 5, 2025)
    Post-Earnings Price$3.23Open (Jun 6, 2025)
    Price Change
    $-0.39(-10.77%)
    MetricYoY ChangeReason

    Total Revenue

    -2.4%

    Revenue fell from $1,529.14M in Q1 2025 to $1,493.4M in Q1 2026, driven by lower product sales volumes stemming from soft discretionary spending—an effect consistent with prior period influences.

    Products segment revenue

    -3%

    The Products segment declined from $1,279.73M to $1,241.9M, primarily due to reduced sales in supplies and companion animal categories, reflecting weakened consumer demand similar to earlier periods.

    Services & Other revenue

    Slight increase

    Services & Other revenue edged up from $249.41M to $251.5M, benefiting from ongoing strategic investments in customer retention and an expanding, mature veterinary hospital footprint that helped offset declines in other segments.

    Cash and Cash Equivalents

    +48.5%

    Cash and cash equivalents surged from $89,717K to $133,343K, reflecting improved liquidity due to stronger operating cash flows and reduced debt repayments compared to previous periods.

    Total Assets

    -2.6%

    Total assets decreased to $5,121,136K as lower capital expenditures and depreciation of fixed assets continued trends seen in earlier periods, indicating a contraction in asset base.

    Total Current Liabilities

    Modest increase

    Current liabilities rose modestly to $1,083,477K, likely due to a slight increase in accrued obligations and adjustments in short-term debt components, mirroring earlier period trends.

    Stockholders’ Equity

    -4.3%

    Stockholders’ equity declined to $1,107,330K, primarily due to net losses and cumulative comprehensive losses, underscoring pressures from operational challenges that persisted from previous periods.