03:09 PM EDT, 03/12/2026 (MT Newswires) -- (Updates to include the stock movement in the headline and the first paragraph.)

Petco Health & Wellness (WOOF) shares surged nearly 37% in Thursday trading after the company reported a narrower fiscal Q4 loss and revenue that exceeded analysts' expectations.

The company reported fiscal Q4 net loss late Wednesday of $0.01 per diluted share, narrowing from a loss of $0.05 a year earlier.

Analysts polled by FactSet expected earnings of $0.01.

Revenue for the quarter ended January 31 was $1.52 billion, down from $1.55 billion a year earlier.

Analysts polled by FactSet expected $1.51 billion.

For fiscal Q1, the company sees revenue down 1% to flat year over year. For fiscal 2026, the company expects revenue to be flat to up 1.5% year over year. Analysts polled by FactSet are looking for revenue of $1.49 billion for fiscal Q1 and $5.99 billion for fiscal 2026.

Price: 3.28, Change: +0.88, Percent Change: +36.75