Petco Files Q1 2024 10-Q
Ticker: WOOF · Form: 10-Q · Filed: 2024-06-05T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, credit-facility, equity-incentive
TL;DR
Petco's Q1 2024 10-Q is in: financials and credit facility details updated.
AI Summary
Petco Health & Wellness Company, Inc. filed its 10-Q for the period ending May 4, 2024. The company reported on its financial performance and condition, including details about its credit facilities and equity incentive plans. Specific financial figures and operational details are contained within the full filing.
Why It Matters
This filing provides investors with an update on Petco's financial health and operational status, crucial for understanding the company's performance and future prospects.
Risk Assessment
Risk Level: medium — 10-Q filings are standard disclosures, but the specific financial details and operational performance within can reveal underlying risks or strengths.
Key Players & Entities
- Petco Health & Wellness Company, Inc. (company) — Filer of the 10-Q
- 20240504 (date) — End of the reporting period
- 0000950170-24-069337 (accession_number) — Unique identifier for the filing
- SAN DIEGO, CA (location) — Company's business and mailing address
- woof:AmendedRevolvingCreditFacilityMember (financial_instrument) — Details related to credit facilities
- woof:TwoThousandTwentyOneEquityIncentivePlanMember (plan) — Information on equity incentive plans
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is as of May 4, 2024.
What is the company's Central Index Key (CIK)?
The company's Central Index Key (CIK) is 0001826470.
Where is Petco Health & Wellness Company, Inc. headquartered?
Petco Health & Wellness Company, Inc. is headquartered in San Diego, CA.
What type of credit facility is mentioned in the filing?
The filing mentions woof:AmendedRevolvingCreditFacilityMember.
What equity incentive plan is referenced in the filing?
The filing references the woof:TwoThousandTwentyOneEquityIncentivePlanMember.
From the Filing
0000950170-24-069337.txt : 20240605 0000950170-24-069337.hdr.sgml : 20240605 20240605161952 ACCESSION NUMBER: 0000950170-24-069337 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 60 CONFORMED PERIOD OF REPORT: 20240504 FILED AS OF DATE: 20240605 DATE AS OF CHANGE: 20240605 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Petco Health & Wellness Company, Inc. CENTRAL INDEX KEY: 0001826470 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 811005932 STATE OF INCORPORATION: DE FISCAL YEAR END: 0225 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39878 FILM NUMBER: 241022256 BUSINESS ADDRESS: STREET 1: 10850 VIA FRONTERA CITY: SAN DIEGO STATE: CA ZIP: 92127 BUSINESS PHONE: 1-858-453-7845 MAIL ADDRESS: STREET 1: 10850 VIA FRONTERA CITY: SAN DIEGO STATE: CA ZIP: 92127 FORMER COMPANY: FORMER CONFORMED NAME: PET Acquisition LLC DATE OF NAME CHANGE: 20200929 FORMER COMPANY: FORMER CONFORMED NAME: Petco Acquisition LLC DATE OF NAME CHANGE: 20200929 10-Q 1 woof-20240504.htm 10-Q 10-Q --02-01 0001826470 Q1 false 2024 http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 0001826470 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2024-05-04 0001826470 us-gaap:BaseRateMember woof:AmendedRevolvingCreditFacilityMember woof:LesserThanSixtySixPointSevenPercentageButGreaterThanOrEqualToThirtyThreePointOfLineCapMember 2024-02-04 2024-05-04 0001826470 woof:TwoThousandTwentyOneEquityIncentivePlanMember woof:RestrictedStockUnitsRSUAndRestrictedStockAwardsMember 2024-05-04 0001826470 us-gaap:CommonStockMember 2023-04-29 0001826470 woof:OtherAwardsMember 2023-01-29 2023-04-29 0001826470 woof:SuppliesAndCompanionAnimalsMember 2023-01-29 2023-04-29 0001826470 woof:TrancheOneMember woof:AmendedRevolvingCreditFacilityMember 2024-03-31 0001826470 woof:RestrictedStockUnitsRSUAndRestrictedStockAwardsMember 2024-02-04 2024-05-04 0001826470 woof:AmendedRevolvingCreditFacilityMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember woof:LesserThanSixtySixPointSevenPercentageButGreaterThanOrEqualToThirtyThreePointOfLineCapMember 2024-02-04 2024-05-04 0001826470 srt:MaximumMember woof:AmendedRevolvingCreditFacilityMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember woof:LesserThanThirtyThreePointThreePercentageOfLineCapMember 2024-02-04 2024-05-04 0001826470 us-gaap:BaseRateMember srt:MaximumMember woof:AmendedRevolvingCreditFacilityMember woof:LesserThanThirtyThreePointThreePercentageOfLineCapMember 2024-02-04 2024-05-04 0001826470 woof:TwoThousandTwentyOneEquityIncentivePlanMember us-gaap:EmployeeStockOptionMember 2024-02-04 2024-05-04 0001826470 us-gaap:EmployeeStockOptionMember 2024-02-04 2024-05-04 0001826470 us-gaap:RevolvingCreditFacilityMember 2021-03-04 2021-03-04 0001826470 woof:InvestmentsOfOfficersLifeInsuranceMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2024-05-04 0001826470 woof:CommonClassBOneMember 2024-06-03 0001826470 woof:TwoThousandSixteenIncentivePlanMember 2024-02-03 0001826470 us-gaap:BaseRateMember woof:FirstLienTermLoanMember 2022-12-11 2022-12-12 0001826470 us-gaap:FairValueInputsLevel2Member us-gaap:MoneyMarketFundsMember us-gaap:FairValueMeasurementsRecurringMember 2024-05-04 0001826470 woof:ServicesAndOtherMember 2023-01-29 2023-04-29 0001826470 woof:FirstLienTermLoanMember 2024-05-04 0001826470 woof:SuppliesAndCompanionAnimalsMember 2024-02-04 2024-05-04 0001826470 us-gaap:AccumulatedOtherComprehen