3 Years Ago
2 Min Read
WOOF is down -6% today. Lets find out what's happening:
Petco Health & Wellness Company, Inc. (WOOF) is trading -6% lower at $14.805 today. While it's a cheerful day for the Consumer Discretionary sector in general, the stock is trailing behind it's peers.
- Q2 Non-GAAP EPS: $0.19, $0.03 miss
- Revenue: $1.48B (+3.5% Y/Y), misses by $10M
- Updated FY2022 guidance: Revenue of $5.975B to $6.05B vs. prior outlook of $6.15B to $6.25B and consensus of $6.11B
- Adjusted EBITDA of $580M to $595M vs. prior view of $630M to $645M
- Adjusted EPS of $0.77 to $0.81 vs. prior view of $0.97 and $1.00 and consensus of $0.89
The price is likely moving in run up to the upcoming earnings call on August 24.
Petco Health & Wellness Company, Inc. has been trading between a 52-week high of $26.21 and a 52-week low of $12.88. The stock has a market cap of $3.37 Billion.
Petco is a category-defining health and wellness company focused on improving the lives of pets, pet parents and its own Petco partners. Since its founding in 1965, Petco has been trailblazing new standards in pet care, delivering comprehensive wellness solutions through its products and services, and creating communities that deepen the pet-pet parent bond. Petco operates more than 1,500 pet care centers across the U.S., Mexico and Puerto Rico, including a growing network of more than 100 in-store veterinary hospitals, and offer a complete resource for pet health and wellness online and through the Petco app.
Headlines
Petco Health Disappoints With Smaller Than Expected Q2 Profits, Annual Guidance
Benzinga 08-24-22
Hot Stocks: BBBY, WOOF, TTCF, MDT
Seeking Alpha 08-24-22
ZTO Express, Petco Health and Wellness, Nordstrom among premarket losers'' pack
Seeking Alpha 08-24-22
Recap: Petco Health and Wellness Q2 Earnings
Benzinga 08-24-22
Petco Health & Wellness shares down 6% premarket after earnings miss and guidance that lags estimates
MarketWatch 08-24-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
Ape_Tranquilizer - 6 upvotes - source
WOOF WOOF WOOF
wake-2wakeboat - 5 upvotes - source
Petco calls gonna go woof or oof?
ray_marcos - 2 upvotes - source
**$WOOF Calls & $NVDA Puts!**
ballmode - 2 upvotes - source
F it, I'm going CHWY calls for ER ... WOOF WOOF
ProfessionalJumpy769 - 1 upvotes - source
WOOF is confused
wake-2wakeboat - 1 upvotes - source
I’m thinking Woof
Dmoan - 1 upvotes - source
$WOOF earnings are out? They can easily crush CHWY if they focused more on their online business
Heineken_500ml - 1 upvotes - source
WOOF worth playing?
FingerTyper - 1 upvotes - source
Woof calls gonna print. Dont bet against insane dog lovers.
ProfessionalJumpy769 - 1 upvotes - source
WOOF?
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