Petco Health and Wellness (WOOF) Stock

Petco (WOOF) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Petco Health and Wellness Company, Inc. WOOF reported better-than-expected results for its third quarter on Thursday.

After the market closed Thursday, Petco (WOOF 5.50%) published its fiscal third-quarter results, with sales and earnings that beat Wall Street's expectations. As a result, the specialty retailer's stock is seeing big gains in Friday morning trading, up 19.8% as of 10:30 a.m.

Petco Health + Wellness (WOOF) shares are jumping as much as 5% in premarket trading after the pet-products retailer reported better-than-expected quarterly results, as it narrowed its losses.

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF ) Q3 2024 Results Conference Call December 5, 2024 4:30 PM ET Company Participants Lisa Stark - Senior Director of Communications Joel Anderson - CEO Brian LaRose - CFO Conference Call Participants Kaumil Gajrawala - Jefferies Steven Shemesh - RBC Capital Michael Lasser - UBS Julio Marquez - Guggenheim Lauren Ng - Morgan Stanley Kendall Toscano - Bank of America Operator Good afternoon, and welcome to the Petco Third Quarter 2024 Earnings Conference Call. [Operator Instructions].

When Joel Anderson took the helm at Petco Health & Wellness Co. earlier this year, he said he wanted to improve the pet-supplies chain's profitability. On Thursday, he offered a more detailed outline on how he planned to do it.

Petco Health & Wellness (WOOF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.05 per share a year ago.

SAN DIEGO , Nov. 13, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced Joe Venezia will join the company as Chief Revenue Officer, effective Nov. 17, reporting to Joel Anderson, Chief Executive Officer. In this newly created role, Venezia will be responsible for driving revenue and developing integrated strategies to improve the customer experience.

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