Key Points Petco Health and Wellness Co. Inc. NASDAQ: WOOF is a leading national pet supply and health store. The company sells pet products, from food to suppliers to toys and accessories, catering to pets, from fish, reptiles, birds, hamsters, cats, and dogs. While carrying the major well-known brands, Petco also sells many private-label products. The company also provides veterinary care, grooming, boarding, training and even pet insurance. Petco competes in the retail/warehouse sector with online pet pr ...

With sales continuing to slide, Petco is launching a three-pronged strategy to engage pet parents. The pet care and pet supply retailer released earnings Wednesday (May 22) showing net revenue of $1.5 billion, a 1.7% decline since the same quarter in 2023. While Petco's consumables business rose 0.1% and its services/other business climbed 4.2%, this growth was offset by a 6.8 drop in the company's supplies and companion animal business. This follows the retailer's fourth-quarter and full-year earnings repo ...

文章核心观点 - 本文报道了两只股票Petco Health & Wellness Company (WOOF)和Bloom Energy Corp (BE)的近期表现[1][2][3] - WOOF股价上涨25.7%至$3.07,主要受益于公司第一季度业绩超预期[2] - BE股价上涨16.9%至$17.69,主要受益于分析师的目标价上调和重申买入评级[3] WOOF公司 - WOOF股价本周上涨50%,目前已转为2024年以来的正收益[2] - 不过WOOF股价目前面临200日均线的压力[2] BE公司 - BE本周股价大涨,可能与公司宣布与C3.ai (AI)达成合作有关[3] - 分析师给予BE目标价$14,维持买入评级[3] 期权交易情况 - 投资者对这两只低价股票的看涨期权交易活跃[4] - WOOF当日期权成交量是日均水平的5倍,主要集中在6月3日到期的看涨期权[4] - BE当日期权成交量是日均水平的8倍,主要集中在6月18日到期的看涨期权[4] 潜在的做空盘压力 - WOOF和BE股票的空头头寸占其流通股比重较高,分别为35.8%和20.7%,存在一定的做空盘压力[5]

Sales at the company's Services and Other division increased 4% to $249.4 million. They were boosted by a 10% jump in Services and Vet care revenue, driven by "ongoing strength in our vet hospitals, mobile clinics and grooming services." Key Takeaways Shares of Petco Health + Wellness Company (WOOF) skyrocketed in intraday trading Wednesday after the pet supplies and veterinary care provider posted better-than-anticipated results and revenue guidance on higher sales of services. Petco's first-quarter adjust ...

Pet retailers' stocks have struggled since the pandemic boom as a spike in pet adoption during the lockdown period has given way to an extended period of slow growth, and Petco has been unable to escape those headwinds. However, the shares have apparently fallen far enough that investors are reacting positively to the business still shrinking. In the first quarter, revenue fell 1.7% to $1.53 billion, but that topped analysts' consensus estimate of $1.51 billion. Petco's business continues to shrink, but it ...

| --- | --- | |----------------|-------| | | | | May 22, 2024 | | This Presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, concerning expectations, beliefs, plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are other than stateme ...

财务数据和关键指标变化 - 第一季度净收入为15亿美元,同比下降2% [15] - 可比销售下降1% [15] - 商品类别中,消费品类销售持平,而非必需品和宠物用品销售下降7% [15][16] - 服务及其他业务(包括服务、批发和已处置的非核心业务)收入增长4%,其中服务收入增长10% [16] - 毛利润为5.79亿美元,同比下降2600万美元,毛利率下降101个基点至37.8% [17] - 销售、一般及管理费用占收入的比重从37.1%上升至38.9%,主要受裁员费用、折旧投资和PupBox处置费用的影响 [17] - 调整后EBITDA为7560万美元,同比下降32%,调整后EBITDA利润率下降219个基点至4.9% [17] - 调整后每股收益为-0.04美元,上年同期为0.06美元 [17] 各条业务线数据和关键指标变化 - 消费品类销售持平,受到上年通胀影响以及第三季度定价行动的影响 [15] - 非必需品和宠物用品销售下降7% [15] - 服务及其他业务收入增长4%,其中服务收入增长10%,主要受到宠物医院、移动诊所和美容服务的持续强劲表现带动 [16] 各个市场数据和关键指标变化 - 公司未提供具体的市场数据和关键指标变化 公司战略和发展方向及行业竞争 - 公司正在重新定位业务,以实现可持续和盈利性增长 [6][7] - 公司正在简化决策、明确优先事项并赋予组织更大的灵活性和敏捷性 [7] - 公司正在专注于提高门店生产力、优化商品组合、提升营销效果和实现更严格的库存管理,以改善盈利能力 [8][9][10] - 公司正在加快成本转型,目标是到2025年底实现1.5亿美元的成本节约和生产力提升,其中第一年实现4000万美元 [11] - 公司的生态系统(包括全面的服务、广泛的商品组合和强大的全渠道配送模式)仍然是其相对于纯线上和大型零售商的竞争优势 [12] 管理层对经营环境和未来前景的评论 - 管理层对公司的长期战略保持信心,认为公司有明确的计划和措施来实现可持续的盈利性增长 [12] - 管理层表示,尽管正在推动大幅变革,但仍将继续执行长期战略 [12] 问答环节重要的提问和回答 问题1 **Seth Basham 提问** 询问非必需品和宠物用品业务的表现及未来展望 [23] **Mike Mohan 回答** 该业务有所改善,但仍需进一步努力。公司正采取行动提高该业务的盈利能力,同时不会损害客户价值主张和关系 [24][25] 问题2 **Kaumil Gajrawala 提问** 询问公司各项举措的优先次序和时间线 [29] **Mike Mohan 和 Brian LaRose 回答** 公司的首要任务是提高盈利能力,其中最大的机会在于优化商品组合。其次是提高服务业务的盈利能力,以及审慎管控销售、一般及管理费用。公司已采取一些具体措施,如出售PupBox业务、暂停系统升级和推迟年度会议等,以集中精力于最关键的优先事项 [30][31][32][34][35]

Petco Health & Wellness (WOOF) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this pet store chain would post earnings of $0.02 per share when it actually produced earnings of $0.02, delivering no surprise. Over the last four quarters, the com ...

Contacts: Investor Relations Media Relations investorrelations@petco.com Benjamin Thiele-Long benjamin.thiele-long@petco.com FOR IMMEDIATE RELEASE: May 22, 2024 Petco Health + Wellness Company, Inc. Reports First Quarter 2024 Earnings Results Q1 2024 Overview San Diego, May 22, 2024 – Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, today announced its first quarter 2024 financial results. In the first quarter of 2024, Petco delivered net revenue of $1.5 ...

Q1 2024 Overview SAN DIEGO, May 22, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, today announced its first quarter 2024 financial results. In the first quarter of 2024, Petco delivered net revenue of $1.5 billion, down 1.7 percent versus prior year. On an as- reported basis, the company's consumables business was up 0.1 percent versus prior year, and services and other business was up 4.2 percent versus prior year. Growth in the ...