Petco Health and Wellness Company, Inc. (WOOF) Q2 2023 Earnings Call Transcript


Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Q2 2023 Earnings Call Transcript August 24, 2023 8:00 AM ET

Company Participants

Cathy Yao – VP of IR

Ron Coughlin – CEO

Brian LaRose – CFO

Conference Call Participants

Oliver Wintermantel – Evercore ISI

David Lance – Wells Fargo

Simeon Gutman – Morgan Stanley

Anna Andreeva – Needham & Company

Steven Forbes – Guggenheim

Seth Basham – Wedbush Securities

Michael Lasser – UBS

Steven Zaccone – Citi

Greg Sommer – Gordon Haskett

Operator

Good morning, everyone, and welcome to Petco’s Second Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please also note, today’s event is being recorded.

At this time, I’d like to turn the floor over to Cathy Yao, Vice President of Investor Relations. Cathy, you may begin.

Cathy Yao

Good morning, and thank you for joining Petco’s second quarter 2023 earnings conference call. In addition to the earnings release, there is a presentation and infographic available to download on our website at ir.petco.com, summarizing our results.

On the call with me today are Ron Coughlin, Petco’s Chief Executive Officer, and Brian LaRose, Petco’s Chief Financial Officer.

Before they begin, I would like to remind everyone that on this call, we will make certain forward-looking statements, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from such statements. These risks and uncertainties include those set out in our earnings materials and our SEC filings.

In addition, on today’s call, we will refer to certain non-GAAP financial measures. Reconciliations of these measures can be found in our earnings release, presentation, and our SEC filings. And finally, during the Q&A portion of today’s call, we ask that you please keep to one



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