Petco Files 10-Q: Financials and Operations Update
Ticker: WOOF · Form: 10-Q · Filed: 2024-09-10T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, retail
TL;DR
Petco's Q2 10-Q is in. Check financials for the latest on their pet retail strategy.
AI Summary
Petco Health & Wellness Company, Inc. filed its 10-Q for the period ending August 3, 2024. The filing details financial performance and operational updates. Key financial data and strategic initiatives are presented, reflecting the company's ongoing efforts in the pet retail sector.
Why It Matters
This filing provides investors with a detailed look at Petco's financial health and strategic direction, crucial for understanding its market position and future prospects.
Risk Assessment
Risk Level: medium — The filing contains standard financial disclosures for a public company, but the retail sector can be subject to economic fluctuations and competitive pressures.
Key Numbers
- N/A — Revenue (Specific revenue figures are not provided in the header information.)
- N/A — Net Income (Specific net income figures are not provided in the header information.)
- N/A — Total Assets (Specific asset figures are not provided in the header information.)
Key Players & Entities
- Petco Health & Wellness Company, Inc. (company) — Filer
- 0000950170-24-105211 (filing_id) — Accession Number
- 20240803 (date) — Period End Date
- 20240910 (date) — Filing Date
- SAN DIEGO, CA (location) — Business Address
FAQ
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is 20240803, indicating the period ending August 3, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on 20240910.
What is the company's Central Index Key (CIK)?
The Central Index Key for Petco Health & Wellness Company, Inc. is 0001826470.
What is Petco's primary business address?
Petco's business address is 10850 VIA FRONTERA, SAN DIEGO, CA 92127.
What is the SEC File Number for Petco?
The SEC File Number for Petco Health & Wellness Company, Inc. is 001-39878.
From the Filing
0000950170-24-105211.txt : 20240910 0000950170-24-105211.hdr.sgml : 20240910 20240910170024 ACCESSION NUMBER: 0000950170-24-105211 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 52 CONFORMED PERIOD OF REPORT: 20240803 FILED AS OF DATE: 20240910 DATE AS OF CHANGE: 20240910 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: 0201 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39878 FILM NUMBER: 241290699 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-20240803.htm 10-Q 10-Q Q2 false --02-01 0001826470 http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent 0001826470 us-gaap:CommonStockMember 2024-05-05 2024-08-03 0001826470 us-gaap:CommonStockMember woof:CommonClassBTwoMember 2024-02-03 0001826470 woof:AmendedRevolvingCreditFacilityMember woof:TrancheOneMember 2024-03-31 0001826470 2023-01-28 0001826470 woof:CommonClassBOneMember us-gaap:CommonStockMember 2023-07-29 0001826470 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-07-29 0001826470 us-gaap:CommonClassAMember 2024-09-06 0001826470 us-gaap:RetainedEarningsMember 2024-02-03 0001826470 us-gaap:CashFlowHedgingMember 2024-05-05 2024-08-03 0001826470 us-gaap:EmployeeStockMember 2024-02-04 2024-08-03 0001826470 woof:TwoThousandSixteenIncentivePlanMember 2024-08-03 0001826470 us-gaap:AdditionalPaidInCapitalMember 2023-01-29 2023-04-29 0001826470 woof:AmendedRevolvingCreditFacilityMember woof:SecuredOvernightFinancingRateMember 2024-03-01 2024-03-31 0001826470 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-03 0001826470 us-gaap:AdditionalPaidInCapitalMember 2024-05-04 0001826470 woof:OtherAwardsMember 2023-01-29 2023-07-29 0001826470 us-gaap:CommonStockMember woof:CommonClassBOneMember 2024-05-04 0001826470 us-gaap:EmployeeStockOptionMember 2024-02-04 2024-08-03 0001826470 woof:ConsumablesMember 2024-05-05 2024-08-03 0001826470 2023-07-29 0001826470 us-gaap:CommonStockMember 2024-05-04 0001826470 us-gaap:FairValueInputsLevel2Member woof:InvestmentsOfOfficersLifeInsuranceMember us-gaap:FairValueMeasurementsRecurringMember 2024-02-03 0001826470 woof:FirstLienTermLoanMember 2024-08-03 0001826470 us-gaap:CommonStockMember 2023-04-29 0001826470 us-gaap:RevolvingCreditFacilityMember 2024-03-31 0001826470 woof:SuppliesAndCompanionAnimalsMember 2024-05-05 2024-08-03 0001826470 us-gaap:CashAndCashEquivalentsMember 2024-08-03 0001826470 us-gaap:BaseRateMember woof:AmendedRevolvingCreditFacilityMember srt:MaximumMember woof:LesserThanSixtySixPointSevenPercentageButGreaterThanOrEqualToThirtyThreePointOfLineCapMember 2024-02-04 2024-08-03 0001826470 us-gaap:AdditionalPaidInCapitalMember 2024-02-03 0001826470 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-05-04 0001826470 woof:AmendedRevolvingCreditFacilityMember woof:ActualDailyUtilizedPortionExceedsFiftyPercentageMember 2024-02-04 2024-08-03 0001826470 woof:RestrictedStockUnitsRSUAndRestrictedStockAwardsMember woof:TwoThousandTwentyOneEquityIncentivePlanMember 2024-02-04 2024-08-03 0001826470 woof:SeniorSecuredAssetBasedRevolvingCreditFacilityMember 2024-08-03 0001