WOOF Earnings Prediction
The chart below shows how WOOF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WOOF sees a +6.55% change in stock price 10 days leading up to the earnings, and a +7.24% change 10 days following the report. On the earnings day itself, the stock moves by -5.70%. This data can give you a slight idea of what to expect for the next quarter's release.
WOOF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.49B
-0.47%
-2.39%
Gross Margin
36.81%
--
--
Operating Margin
-0.39%
--
--
Net Margin
-83.07%
--
--
EPS
-4.63
--
--
No Data Available
WOOF Earnings Analysis
Petco Health and Wellness Company, Inc. Class A Common Stock Corporation (WOOF.O) Earnings Conference Call
Positive
Revenue Increase Driven by Services: Revenue was $1.51 billion, up 1%, driven by consumables and services.
Gross Margin Expansion: Gross margin expanded 130 basis points to 38.1% driven by progress on product cost management and improvements in services margin.
Adjusted EBITDA Performance: Adjusted EBITDA was $81.2 million, with an adjusted EBITDA margin rate of 5.4%, up almost 60 basis points year-over-year.
Services Revenue Increase: Services revenue was up 9% with strength across both hospitals and Vetco mobile clinics.
Hospital Performance Improvement: Our hospitals in Vetco were up 17% this last quarter and really pleased with the progress we're making with hospitals and vets overall.
Negative
Adjusted EPS Improvement: Adjusted EPS was negative $0.02 compared to negative $0.05 per share in the prior year.
Negative Free Cash Flow: Free cash flow was negative $10 million, indicating a decline in cash generation capabilities.
SG&A Expense Increase: SG&A was $572 million, increasing 2% year-over-year, reflecting rising operational costs.
Adjusted EBITDA Performance: Adjusted EBITDA was $81.2 million with a margin rate of 5.4%, up almost 60 basis points year-over-year, but still indicating pressure on profitability.
Inventory Management Improvement: Merchandise inventories were $690 million at the end of the third quarter, showing a need for better inventory management.
WOOF FAQs
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WOOF Earning Call Sentiment
Petco Health and Wellness Company, Inc. (WOOF) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
WOOF.O
-2.68%Positive
Despite a slight revenue increase and improved gross margin, the company posted a negative EPS, indicating financial challenges. The Q&A session reveals uncertainty about cost savings and market share recovery, with management avoiding specifics. No share repurchase program was announced, and free cash flow remains negative. However, the guidance for fiscal 2024 is optimistic, suggesting potential improvement. Given these mixed signals, the overall sentiment is neutral.
