Brief: PetIQ Reports Record Second Quarter 2020 Financial Results

PetIQ

06/08/2020 22:35

Aug 6 (Reuters) - PetIQ Inc  PETQ.O :
    * PETIQ, INC. REPORTS RECORD SECOND QUARTER 2020 FINANCIAL
RESULTS
    * Q2 SALES $267 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$251.5
MILLION
    * QTRLY NET LOSS PER SHARE ATTRIBUTABLE TO CLASS A STOCK
$0.08
    * HAS RE-OPENED 60% OF ITS WELLNESS CENTERS AND HAS PILOTED
AND
STARTED TO RE-OPEN COMMUNITY CLINICS
    * EXPECTS TO RE-OPEN APPROXIMATELY 95% OF ITS COMMUNITY
CLINICS
AND WELLNESS CENTERS BY END OF Q3 OF 2020
    * SEES Q3 CONSOLIDATED NET SALES IN RANGE OF $160 MILLION TO
$170
MILLION
    * CONTINUES TO EXPECT FULL YEAR 2021 INCREMENTAL EBITDA
CONTRIBUTION FROM CAPSTAR OF GREATER THAN $20 MILLION

Source text for Eikon:  ID:nGNX1ZjyMk 
Further company coverage:  PETQ.O 

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