Petco Closes Dozens of Stores in 2025: Locations Revealed

Petco is closing 25 stores in 2025, following a decline in net sales and comparable sales. The closures are part of the company's efforts to optimize its store fleet and transform its operating model. So far, at least 13 locations have closed, including stores in 11 states and the District of Columbia. Petco's shares are down 16% year to date and 26% over the last 12 months.

Petco Health & Wellness Co. Inc. (NASDAQ: WOOF) announced plans to close 25 underperforming stores nationwide as part of its efforts to optimize its store fleet and transform its operating model. The decision follows the company's second-quarter earnings report, which revealed a decline in year-over-year revenue. The closures are intended to "trim the fat" from its portfolio of over 1,300 U.S. locations Why Petco (WOOF) Stock Is Down Today^[1].

The closures come amidst operational challenges and class-action lawsuits that have increased investor uncertainty. Petco is down 16% year to date and 26% over the last 12 months, with its shares closing at $3.46 on September 12, 2025, down 6% from the previous close Why Petco (WOOF) Stock Is Down Today^[1]. The stock market's volatility, with 63 moves greater than 5% over the last year, indicates that investors view this news as meaningful but not fundamentally altering their perception of the business Why Petco (WOOF) Stock Is Down Today^[1].

The pet care industry, however, remains robust. The Gabelli Pet Parents Fund, which invests in pet industry companies, saw a 7.7% return in Q2 2025, with top contributors including Chewy Inc. (CHWY) and Trupanion, Inc. (TRUP) The Gabelli Pet Parents' Fund Q2 2025 Commentary^[3]. U.S. pet industry spending is projected to reach $157 billion in 2025, underscoring the sector's resilience despite economic uncertainty The Gabelli Pet Parents' Fund Q2 2025 Commentary^[3].

Petco's strategic move to close underperforming stores aligns with broader industry trends, where companies are focusing on optimizing their store networks and enhancing operational efficiency. However, the ongoing legal battles and market volatility may continue to impact investor confidence in the near term.