Petco reported Q4 FY2025 net sales of USD 1.52 billion, down 2%, with adjusted EBITDA of USD 106.29 million, up 11%. Q4 FY2025 operating income was USD 31.86 million, up 83%, and net loss attributable to Class A and B-1 common stockholders was USD 2.58 million. For FY2025, net sales were USD 5.96 billion, down 2%, while adjusted EBITDA rose 21% to USD 408.17 million. FY2025 operating income was USD 120.43 million and net income attributable to Class A and B-1 common stockholders was USD 9.07 million. Petco forecast FY2026 adjusted EBITDA of USD 415 million to USD 430 million and net sales flat to up 2%, and said it expects about 15-20 net store closures.
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