Q3 26 EPS
$0.03
BEAT +21.46%
Est. $0.02
Q3 26 Revenue
$1.46B
MISS 0.34%
Est. $1.47B
vs S&P Since Q3 26
-29.4%
TRAILING MARKET
WOOF -21.5% vs S&P +7.9%
Market Reaction
Did WOOF Beat Earnings? Q3 2026 Results
Petco Health & Wellness delivered a profitability-driven quarter in Q3 fiscal 2026, posting earnings per share of $0.03 against a consensus estimate of $0.02, a beat of 21.46%, even as revenue came in fractionally light. Net sales fell 3.1% year over… Read more Petco Health & Wellness delivered a profitability-driven quarter in Q3 fiscal 2026, posting earnings per share of $0.03 against a consensus estimate of $0.02, a beat of 21.46%, even as revenue came in fractionally light. Net sales fell 3.1% year over year to $1.46 billion, missing the $1.47 billion consensus by 0.34%, with comparable sales down 2.2% reflecting softer transaction volume. The real story was margin recovery: gross profit margin expanded roughly 75 basis points to 38.9%, while SG&A costs dropped to $539.82 million from $571.78 million, helping swing GAAP net income to a positive $9.33 million from a loss of $16.67 million a year earlier. Free cash flow turned sharply positive at $60.65 million versus negative $10.29 million in the prior-year period. Management raised its full-year adjusted EBITDA guidance midpoint by $6 million to a range of $395 million to $397 million, while tightening its net sales outlook to a decline of 2.5% to 2.8%, framing 2025 as the foundation year for a return to growth in fiscal 2026.
Key Takeaways
- • Gross profit margin expanded approximately 75 basis points to 38.9%
- • SG&A expenses reduced to $539.8 million from $571.8 million year over year
- • Adjusted EBITDA margin expanded to 6.7% from 5.4% year over year
- • Operating income improved $25.2 million year over year to $29.2 million
- • Free cash flow improved to $60.6 million from negative $10.3 million year over year
WOOF YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
WOOF Revenue by Segment
With YoY comparisons, source: SEC Filings
“Once again, we delivered on Petco's profitability goals as we continue to execute on our multi-phased transformation.”
— Joel Anderson, Q3 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% |