WOOF reaffirms full-year outlook on Q2 sales and margin gains
WOOF reported Q2 positive comps, $1.5B in sales, and margin expansion, driven by strong cat and veterinary segment growth. A membership program relaunch boosted engagement but temporarily weighed on sales; full-year outlook and guidance are reaffirmed.
Second quarter saw positive comps, $1.5B in sales, and margin expansion, with strong growth in the cat and veterinary segments.
Membership program relaunch drove engagement but temporarily impacted sales; outlook and guidance for the year are reaffirmed.Based on Petco Health and Wellness Company, I…