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Petco Health + Wellness Company, Inc. Announces Record Results for First Quarter of Fiscal 2021; Raises Full Year Outlook


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SAN DIEGO, May 20, 2021 /PRNewswire/  Petco Health and Wellness Company, Inc. (NASDAQ: WOOF), a complete partner in pet health and wellness, today released its financial results for its first quarter ended May 1, 2021. 
In the first quarter of 2021, Petco delivered net revenue growth of 27 percent versus prior year with comparable sales growth of 28 percent and delivered 30 percent comparable sales growth on a two-year stack, marking the tenth consecutive quarter of growth for Petco.  Net income improved $38.7 million or $0.18 per share to $7.6 million or $0.03 per share.  Adjusted Net Income
1 increased $60.0 million from prior year to $44.4 million or $0.17 per share, while first quarter Adjusted EBITDA ....

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