Petco Health and Wellness pany(WOOF)
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Petco Names Ex-Best Buy Executive Mike Mohan as Interim CEO
PYMNTS· 2024-03-13 22:17
CEO变动 - Petco CEO Ron Coughlin于周三辞去CEO、董事长和董事职务[1] - 临时CEO R. Michael (Mike) Mohan接替Coughlin的职务[1] - Coughlin将作为顾问协助领导层过渡,并且董事会已经聘请全球执行搜索公司寻找永久CEO[2] Mohan的背景和任命 - Mohan是Petco董事会成员,曾担任Best Buy总裁和首席运营官[3] - Mohan的任命导致他辞去董事会审计委员会和独立董事职务[5] 公司业绩和市场反应 - Petco报告2023年第四季度和全年收入,第四季度净收入同比增长6.1%,可比销售下降0.9%[7] - CNBC报道称,尽管Petco报告了与分析师预期一致的持续销售增长和业绩,但华尔街对公司的举措变得不耐烦,公司市值在过去一年中有所下降[8] 公司发展和未来展望 - Coughlin在11月的财报电话会议中表示,Petco正在应对具有挑战性的消费者环境,并努力改善业务表现[9] - Mohan在宣布CEO过渡时表示,他深信公司的使命,期待与领导团队和合作伙伴合作,继续加强业务,通过操作纪律和执行力提高盈利能力,推动增长,提高利润率,创造股东价值[10]
Petco Health & Wellness (WOOF) Meets Q4 Earnings Estimates
Zacks Investment Research· 2024-03-13 21:26
Petco Health & Wellness (WOOF) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this pet store chain would post earnings of $0.02 per share when it actually produced a loss of $0.05, delivering a surprise of -350%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Petco, which be ...
Petco Health and Wellness pany(WOOF) - 2023 Q4 - Earnings Call Presentation
2024-03-13 20:32
PETCO FOURTH QUARTER AND FY2023 EARNINGS CALL SAFE HARBOR AND NON-GAAP MEASURES 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 ...
Petco Health + Wellness Company, Inc. Reports Fourth Quarter and Full Year 2023 Earnings
Prnewswire· 2024-03-13 19:02
Q4 2023 Highlights Net revenue of $1.7 billion increased 6.1 percent year over year including the 14th week Comparable sales declined 0.9 percent year over year and increased 4.4 percent on a two-year basis GAAP net loss of $22.6 million, or $(0.08) per share, compared to GAAP net income of $32.7 million, or $0.12 per share in the prior year Adjusted Net Income1 of $6.1 million, or $0.02 per share, compared to $52.8 million, or $0.20 per share in the prior year Adjusted EBITDA1 of $105.3 million compared to ...
Petco Announces CEO Transition
Prnewswire· 2024-03-13 19:00
Petco公司新任临时首席执行官 - R. Michael Mohan被任命为Petco公司的临时首席执行官,取代了Ron Coughlin的职位[1] Mohan的经验和背景 - Mohan是一位经验丰富的零售领导者,曾在Best Buy担任总裁和首席运营官,负责全球运营的各个方面[2] Mohan的承诺和重点 - Mohan表示对Petco品牌和使命深信不疑,将专注于人员、运营和客户体验,以推动业务增长和创造股东价值[4]
Petco Health and Wellness pany(WOOF) - 2024 Q4 - Annual Results
2024-03-13 00:00
Exhibit 99.1 Contacts: Media Relations Investor Relations Benjamin Thiele-Long Cathy Yao benjamin.thiele-long@petco.com cathy.yao@petco.com FOR IMMEDIATE RELEASE: March 13, 2024 Petco Health + Wellness Company, Inc. Reports Fourth Quarter and Full Year 2023 Earnings Q4 2023 Highlights • Net revenue of $1.7 billion increased 6.1 percent year over year including the 14th week • Comparable sales declined 0.9 percent year over year and increased 4.4 percent on a two-year basis • GAAP net loss of $22.6 million, ...
Petco to Participate in the UBS Global Consumer and Retail Conference
Prnewswire· 2024-02-26 20:00
公司信息 - Petco Health and Wellness Company, Inc.宣布首席财务官Brian LaRose将参加2024年3月14日UBS全球消费者和零售业务会议[1] - Petco成立于1965年,是一家专注于改善宠物、宠物父母和Petco合作伙伴生活的健康和健康公司,拥有1500多家宠物护理中心,提供商品、伴侣动物、美容、训练以及越来越多的现场兽医医院和移动兽医诊所[3] 会议信息 - 会议的网络直播将通过公司的投资者关系页面ir.petco.com提供,重播将在公司的投资者关系页面上存档至2024年3月28日[2] 前瞻性声明 - 公司在新闻稿中提到了前瞻性声明,强调了风险和不确定性,同时表示将根据适用法律、法规或其他有权机构的要求更新前瞻性声明[4]
Petco Names Holly May as Chief Human Resources Officer
Prnewswire· 2024-02-13 21:02
SAN DIEGO, Feb. 13, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced it has appointed Holly May as Chief Human Resources Officer (CHRO), effective February 4. In this role, May is responsible for driving an HR strategy that delivers profitable growth and outstanding performance, and is grounded in Petco's mission to improve lives for pets, pet parents and Petco partners. “Our knowledgeable and passionate partners (employees) are Petco’s most valuable asset and diff ...
Petco Health and Wellness Company, Inc. to Host Fourth Quarter 2023 Earnings Conference Call on March 13, 2024
Prnewswire· 2024-02-01 21:00
公司背景 - Petco Health and Wellness Company, Inc.将于2024年3月13日发布2023年第四季度收益结果[1] - 公司高管将在东部时间上午8:00举行电话会议,审查公司的财务和运营表现[2] - Petco成立于1965年,是一家专注于改善宠物、宠物父母和公司员工生活的健康和健康公司[4]
Petco (WOOF) Unveils Pet Insurance Offering With Nationwide
Zacks Investment Research· 2024-01-24 23:11
Petco Health and Wellness Company, Inc. (WOOF) and Nationwide, a prominent pet insurance provider, have unveiled a customizable pet health insurance offering, which is now accessible on petco.com. This collaboration is a testament to its shared goal of delivering affordable, integrated solutions for pet health, wellness and protection, addressing the needs of a wide range of pet owners. The distinctive feature of this insurance offering is its broad coverage, extending beyond dogs and cats to include avian ...