Petco Health + Wellness Company, Inc. Reports Second Quarter 2024 Earnings Results
WOOFPetco Health and Wellness pany(WOOF) Prnewswire·2024-09-11 04:05

Q2 2024 OverviewNet revenue of 1.52billiondecreased0.5percentyearoveryearComparablesalesincreased0.3percentyearoveryearandincreased3.5percentonatwoyearbasisGAAPnetlossof1.52 billion decreased 0.5 percent year over year Comparable sales increased 0.3 percent year over year and increased 3.5 percent on a two-year basis GAAP net loss of 24.8 million, or (0.09)pershare,comparedtoGAAPnetlossof(0.09) per share, compared to GAAP net loss of 14.6 million, or (0.05)pershareintheprioryearAdjustedEBITDA1of(0.05) per share in the prior yearAdjusted EBITDA1 of 83.5 million compared to 112.6millionintheprioryearOperatingCashFlowof112.6 million in the prior yearOperating Cash Flow of 69.4 million compared to 96.6millionintheprioryearFreeCashFlow1of96.6 million in the prior yearFree Cash Flow 1 of 42.0 million co ...