Q2 26 EPS
$0.05
BEAT +120.26%
Est. $0.02
Q2 26 Revenue
$1.49B
MISS 0.25%
Est. $1.49B
vs S&P Since Q2 26
-48.3%
TRAILING MARKET
WOOF -34.5% vs S&P +13.7%
Market Reaction
Did WOOF Beat Earnings? Q2 2026 Results
Petco Health & Wellness delivered a profitability-driven beat in its fiscal second quarter, posting earnings per share of $0.05 against a consensus estimate of $0.02, a 120.26% positive surprise, even as revenue of $1.49 billion came in fractionally … Read more Petco Health & Wellness delivered a profitability-driven beat in its fiscal second quarter, posting earnings per share of $0.05 against a consensus estimate of $0.02, a 120.26% positive surprise, even as revenue of $1.49 billion came in fractionally light of expectations and declined 2.3% year over year. The headline story was aggressive cost discipline and margin expansion: gross profit margin widened approximately 120 basis points to 39.3%, SG&A expenses fell to $542.30 million from $578.26 million, and adjusted EBITDA surged to $113.86 million with margin expanding to 7.6% from 5.5% a year ago, driving a swing to GAAP net income of $13.97 million from a prior-year loss of $24.82 million. CEO Joel Anderson pointed to a second consecutive quarter of execution against commitments, which supported a raised full-year adjusted EBITDA outlook of $385 million to $395 million, though full-year net sales guidance remains pointed toward a low single-digit decline. The improving operational picture arrives against a backdrop of pending shareholder litigation alleging prior misleading statements about growth sustainability, adding a layer of complexity to the recovery narrative.
Key Takeaways
- • Gross profit margin expanded approximately 120 basis points to 39.3%
- • Operating income improved $40.6 million year over year to $43.0 million
- • Adjusted EBITDA increased $30.3 million to $113.9 million
- • Adjusted EBITDA margin expanded to 7.6% from 5.5%
- • SG&A expenses reduced year over year
- • Strengthened economic model and improved retail operating fundamentals
WOOF YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
WOOF Revenue by Segment
With YoY comparisons, source: SEC Filings
“For the second quarter we once again delivered against our commitments, enabling us to raise our earnings outlook for the full year. The first half of this year established a solid foundation for our transformation as we continued to strengthen our economic model and improve retail operating fundamentals.”
— Joel Anderson, Q2 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% |