Petco Health and Wellness Company, Inc. Earnings Recaps
Q3 2025
Nov 26, 2025
Petco reported a strong third quarter, delivering improved profitability with significant increases in operating income and free cash flow, reflecting successful transformation initiatives.
Key takeaways
- Adjusted EBITDA reached $99 million, representing a meaningful year-over-year increase.
- Free cash flow exceeded $60 million, underscoring robust liquidity and operational efficiency.
- Strategic investments in product differentiation and an enhanced customer experience are set to drive growth in 2026 and beyond.
- The services segment remains a key growth driver, with successful initiatives in veterinary services boosting customer engagement.