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Petco Posts Better-Than-Expected Results on Sales of Services
WOOFPetco Health and Wellness pany(WOOF) investopedia.com·2024-05-23 02:46

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 ...