Petco reported its second quarter 2025 financial results, including net sales of $1.5 billion, a 2.3% decrease year over year, and an expansion in gross profit margin.
The company's operating income improved by $40.6 million to $43.0 million, reflecting positive performance.
Adjusted EBITDA increased by $30.3 million to $113.9 million, showcasing financial growth.
Net Sales Performance
Net sales decreased by 2.3% year over year, aligning with the company's expectations for the second quarter.
Earnings Growth
Adjusted EBITDA rose by $30.3 million to $113.9 million, indicating improved financial performance.
Full Year Outlook
Petco raised its earnings outlook for fiscal year 2025, demonstrating confidence in future profitability.
- The positive financial results for the second quarter and the raised earnings outlook for fiscal 2025 highlight Petco's successful strategies and operational improvements.
- The expansion in gross profit margin and the increase in adjusted EBITDA signify enhanced efficiency and profitability for the company.
Petco's strong financial performance in the second quarter and the optimistic outlook for the full year underscore its resilience and strategic planning. The company's focus on operational excellence and financial growth positions it well for sustainable success in the future.