Q1 26 EPS
$-0.04
MISS 179.72%
Est. $-0.01
Q1 26 Revenue
$1.49B
MISS 0.62%
Est. $1.50B
vs S&P Since Q1 26
-47.2%
TRAILING MARKET
WOOF -24.8% vs S&P +22.4%
Market Reaction
Did WOOF Beat Earnings? Q1 2026 Results
Petco Health and Wellness posted a mixed but broadly encouraging first quarter for fiscal 2025, with results coming in ahead of the company's own guidance even as Wall Street had hoped for more, reporting an EPS of -$0.04 and net sales of $1.49 billi… Read more Petco Health and Wellness posted a mixed but broadly encouraging first quarter for fiscal 2025, with results coming in ahead of the company's own guidance even as Wall Street had hoped for more, reporting an EPS of -$0.04 and net sales of $1.49 billion, a 2.3% year-over-year decline that reflected ongoing softness in product revenue. The more compelling story was margin discipline: gross profit margin expanded roughly 30 basis points to 38.2%, SG&A expenses fell 7% to $553.61 million, and operating income swung to a gain of $16.36 million from a $16.78 million loss a year earlier, with Adjusted EBITDA climbing to $89.45 million from $75.64 million. Services revenue, which includes veterinary, grooming, and training, rose 1% to $251.51 million, underscoring how Petco's shift toward recurring health-and-wellness offerings is cushioning the top-line pressure that's affecting broader pet industry players as well. Looking ahead, the company reaffirmed full-year guidance for Adjusted EBITDA of $375 million to $390 million, with Q2 Adjusted EBITDA expected between $92 million and $94 million, assuming current tariff levels hold through year-end.
Key Takeaways
- • Gross profit margin expansion of approximately 30 basis points to 38.2%
- • SG&A expenses reduced 7% year over year
- • Operating income improved $33.1 million year over year
- • Adjusted EBITDA margin expanded to 6.0% from 4.9%
- • Services and other revenue grew 1% year over year
- • Execution of operational reset strategy to strengthen retail fundamentals
WOOF YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
WOOF Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased to deliver first quarter earnings results ahead of our guidance and to reaffirm our outlook for fiscal 2025 which now incorporates the impact of tariffs. This performance is a testament to the execution of our nearly 30,000 team members and the resilience of the category in which we operate.”
— Joel Anderson, Q1 2026 Earnings Press Release
WOOF Earnings Trends
WOOF vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
WOOF EPS Trend
Earnings per share: estimate vs actual
WOOF Revenue Trend
Quarterly revenue: estimate vs actual
WOOF Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 MISS | $0.03 | $-0.05 | -287.27% | $1.50B | +0.70% |
| Q4 26 MISS FY | $0.04 | $-0.01 | -127.93% | $1.52B | +0.12% |
| FY Full Year | $0.15 | $0.03 | -80.58% | $5.96B | +0.14% |
| Q3 26 BEAT | $0.02 | $0.03 | +21.46% | $1.46B | -0.34% |
| Q2 26 BEAT | $0.02 | $0.05 | +120.26% | $1.49B | -0.25% |
| Q1 26 MISS | $-0.01 | $-0.04 | -179.72% | $1.49B | -0.62% |