Why Petco Health and Wellness Stock Soared 43% Higher Last Month [Yahoo! Finance]
Petco Health and Wellness Company, Inc. - Class A (WOOF)
Last petco health and wellness company, inc. - class a earnings: 7/26 04:00 pm
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Source: Yahoo! Finance
Shares of Petco Health and Wellness (NASDAQ: WOOF) rose 42.6% in September 2024, according to data from S&P Global Market Intelligence . The pet products retailer reported solid fiscal second-quarter earnings on Sept. 10 and management's guidance for the next reporting period was in line with current analyst expectations. That may sound bland to you, but Petco investors were pleasantly surprised. The stock surged 48% higher over the next two days and stayed aloft for the rest of the month. This is a rebound, not a skyrocketing win This move makes more sense when placed in a larger context. It's a turnaround story with uncertain outcomes. Petco has been struggling in recent quarters, showing flattened sales growth and negative cash flows. The financial trends were so painful that Petco CEO and chairman Ron Coughlin left the company in March. After working under interim leadership for four months, the company installed longtime Five Below CEO Joel Anderson to lead a turnaround
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News
- Petco Makes 'Gotcha Day' Even Easier and More Affordable with New Industry-Leading 'Welcome to the Family' Program [Yahoo! Finance]Yahoo! Finance
- Petco Names Joe Venezia Chief Revenue Officer [Yahoo! Finance]Yahoo! Finance
- Petco Names Joe Venezia Chief Revenue OfficerPR Newswire
- Are Investors Undervaluing Petco Health and Wellness Co. (WOOF) Right Now? [Yahoo! Finance]Yahoo! Finance
- Petco Health and Wellness Company, Inc. to Host Third Quarter 2024 Earnings Conference Call on December 5, 2024PR Newswire
WOOF
Earnings
- 9/10/24 - Beat
WOOF
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 3
- 10/30/24 - Form 4
- WOOF's page on the SEC website