Petco Stock Jumps 15% on Q3 Results, Raises Full-Year Outlook

Petco Health and Wellness Co Inc reported Q3 earnings of 3 cents per share, beating expectations, and lifted its full-year outlook. The company posted net sales of $1.464 billion, down 3.1% YoY, and narrowed its full-year sales outlook. Petco expects net sales to fall 2.5% to 2.8% for fiscal 2025, with adjusted EBITDA between $395 million and $397 million. WOOF shares jumped 15.17% to $3.42.