Petco Health + Wellness Company, Inc. Reports Third Quarter 2024 Earnings Results

Q3 2024 Overview Net revenue of $1.51 billion increased 1.2 percent year over year and comparable sales increased 1.8 percent year over year Gross profit of$575.8 million increased 4.7 percent year over year, compared to $550.0 million in the prior year GAAP net loss of$16.7 million, or $(0.06) per share, compared to GAAP net loss of$1.2 billion, or $(4.63) per share in the prior year that included a$1.2 billion non-cash goodwill impairment charge Adjusted Net Income1 of $(6.5) million, or$(0.02) per ...