Petco Reports Second Quarter 2026 Results

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  "detected_at": "2026-09-02T20:05:00+00:00",
  "company": {
    "name": "Petco",
    "domain": "petco.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/petco-reports-second-quarter-2026-results-302867977.html",
    "title": "Petco Reports Second Quarter 2026 Results",
    "excerpt": "2 nd Consecutive Quarter of Positive Comparable Sales Growth Delivered Q2 Profitability Ahead of Outlook Announces $75 Million Debt Prepayment, Progressing Toward 2x Leverage 1 Target Reaffirms Fiscal 2026 Outlook SAN DIEGO , Sept. 2, 2026 /PRNewswire/ -- Petco (Nasdaq: WOOF ), the retailer \"where the pets go\" to find everything they need to live their best lives, today reported its second quarter 2026 financial results. Joel Anderson, Chief Executive Officer of Petco, stated, \"We delivered stronger than expected profitability in the quarter while achieving our second consecutive quarter of positive comps. We were pleased to see growth in consumables, which highlights that our 'Reach for the Sky' strategy is gaining traction. Looking ahead to the second half, we are positioned to benefit from several growth drivers and are pleased to reaffirm our full-year sales and profitability outlook. We remain confident in our ability to generate sustainable, long-term growth.\" Q2 2026 Overview In the second quarter of 2026, the Company received substantially all IEEPA tariff refunds related to tariffs paid under IEEPA in 2025 and 2026. All results below include a net benefit of $6.8 million related to such refunds, representing the proceeds net of investments to propel the repositioning of new assortments for future growth, and to a lesser degree, offset incremental fuel and tariff...",
    "summary": "Petco reported its second quarter 2026 financial results, with profitability ahead of outlook and a net benefit of $6.8 million related to IEEPA tariff refunds.",
    "location": "San Diego, California, USA",
    "planning": false,
    "image_url": "https://mmx.prnewswire.com/media/MS1560862/Petco-logo-v2.jpg?id=OA2924975&p=facebook",
    "confidence": 0.9,
    "published_at": "2026-09-02T20:05:00Z",
    "location_data": [
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        "city": "San Diego",
        "state": "California",
        "region": "Northern America",
        "country": "United States",
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      }
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    "article_sentence": "Petco (Nasdaq: WOOF ), the retailer \"where the pets go\" to find everything they need to live their best lives, today reported its second quarter 2026 financial results."
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