04:27 PM EDT, 09/10/2024 (MT Newswires) -- Petco Health & Wellness (WOOF) reported a fiscal Q2 adjusted net loss Tuesday of $0.02 per share, compared with earnings of $0.06 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.03.

Revenue in the 13 weeks ended Aug. 3 fell to $1.52 billion from $1.53 billion a year earlier. Analysts surveyed by Capital IQ expected $1.52 billion.

In fiscal Q3, Petco expects an adjusted loss of $0.03 to $0.04 a share on revenue of $1.5 billion. Analysts polled by Capital IQ expect a loss of $0.03 on revenue of $1.51 billion.

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