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Petco Health shares jumped 14% on strong Q3 results and maintained full-year guidance.
Petco Health and Wellness (WOOF) shares rose 14% after reporting stronger-than-expected third-quarter results, with increased revenue, adjusted earnings per share, and same-store sales.
Growth was fueled by expanded veterinary services, pet wellness offerings, and improved digital and in-store experiences.
Strong performance in pharmacy and specialty care boosted profitability, while customer engagement and spending on preventative care rose.
The company maintained its full-year guidance despite macroeconomic challenges and reaffirmed its long-term strategy focused on clinic expansion, acquisitions integration, and enhancing the customer experience.
Las acciones de Petco Health saltaron un 14% en los fuertes resultados del tercer trimestre y mantuvieron la orientación para todo el año.