Petco Health & Wellness

WOOF Q4 2026 Earnings

Reported Mar 11, 2026 at 4:10 PM ET · SEC Source

Q4 26 EPS

$-0.01

MISS 127.93%

Est. $0.04

Q4 26 Revenue

$1.52B

BEAT +0.12%

Est. $1.51B

vs S&P Since Q4 26

-10.5%

TRAILING MARKET

WOOF -0.4% vs S&P +10.1%

Full Year 2026 Results

FY 26 EPS

$0.03

MISS 80.58%

Est. $0.15

FY 26 Revenue

$5.96B

BEAT +0.14%

Est. $5.95B

Market Reaction

Did WOOF Beat Earnings? Q4 2026 Results

Petco Health & Wellness posted a mixed fourth-quarter fiscal 2025 report, delivering a narrow bottom-line miss while edging past revenue expectations in a quarter that told two very different stories at once. The company lost $0.01 per share, falling… Read more Petco Health & Wellness posted a mixed fourth-quarter fiscal 2025 report, delivering a narrow bottom-line miss while edging past revenue expectations in a quarter that told two very different stories at once. The company lost $0.01 per share, falling well short of the $0.02 consensus estimate by 144.44%, even as net sales of $1.52 billion came in 0.54% above expectations, though that top line still represented a 2.4% year-over-year decline. The most compelling driver behind the period was aggressive cost discipline: operating income surged 83.2% to $31.86 million and Adjusted EBITDA climbed 10.6% to $106.29 million, with management noting results came in well above their own outlook. For the full fiscal year, the turnaround was stark, with Petco swinging to net income of $9.07 million from a loss of $101.82 million. Looking ahead, CEO Joel Anderson signaled a shift toward growth, with fiscal 2026 guidance calling for net sales flat to up 1.5% and Adjusted EBITDA of $415 million to $430 million, as the company targets a return to positive comparable sales.

Key Takeaways

  • Gross margin expansion of 37 basis points to 38.3% in Q4
  • SG&A reduction drove operating income growth of 83.2% in Q4
  • Comparable sales declined 1.6% in Q4
  • Adjusted EBITDA margin improved to 7.0% from 6.2% in Q4
  • Inventory fell 9.7% versus 2.5% decline in sales for full year
  • Leverage ratio improved from 4.2x to 3.0x
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WOOF YoY Financials

Q4 2026 vs Q4 2025, source: SEC Filings

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WOOF Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 26 Q1 27

“In fiscal 2025, we strengthened our leadership team and rebuilt the foundation of our economic model, enabling us to exceed our profitability goals. With that work largely complete, we are entering the next phase of our strategy focused on driving sustainable, profitable top-line growth.”

— Joel Anderson, Q4 2026 Earnings Press Release