Petco Health and Wellness Compan Down 14.32% To $3.29 After Earnings

Petco Health and Wellness Compan (WOOF) said before open Wednesday that it broke even in quarter three 2023.

In the same quarter a year ago, the company earned $0.16 per share on revenue of $1.5 billion.

The stock is down 14.32% to $3.29 after the report.

Petco Health and Wellness Compan's profit margins maintained as both earnings and revenue declined at the same pace.

Wall Street Analysts had an average rating of Buy on the stock prior to the report.

InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 22. Meanwhile, the average Wall Street analyst rated the stock a Buy.

Petco Health and Wellness Co Inc offer pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others.