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00:02Petco Health and Wellness reported quarterly losses of 5 cents per share,
00:06missing the analyst consensus estimate of losses of 1 cent, according to Benzinga.
00:11Quarterly revenue came in at $1.5 billion, beating the street estimate of $1.49 billion by 0.49%.
00:19CEO Joel Anderson said the company is pleased with the momentum its initiatives are generating
00:24and remains confident in its ability to drive consistent long-term growth.
00:27Petco reaffirmed its fiscal 2026 sales outlook of $5.96 billion to $6.05 billion compared to the $6 billion
00:36analyst estimate.
00:37Shares fell 9.84% to $2.75 in Wednesday's extended trading, according to data from Benzinga Pro.
00:44For all things money, visit Benzinga.com.
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