Petco jumps after Q1 revenue beats estimates

Petco Health and Wellness

22/05/2024 12:45

** Shares of Petco Health and Wellness  WOOF.O  jump 25% to
$3.07 premarket
    ** Animal health products maker reports Q1 revenue of $1.53
bln vs analysts' estimate of $1.51 bln - LSEG
    ** Q1 adjusted net loss per share 4 cents vs analysts'
estimates of loss of 7 cents per share
    ** YTD, stock is down ~22.1%
    

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))