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WOOF (Petco Health and Wellness Co) Gross Profit : $2,341 Mil (TTM As of Oct. 2024)


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What is Petco Health and Wellness Co Gross Profit?

Petco Health and Wellness Co's gross profit for the three months ended in Oct. 2024 was $576 Mil. Petco Health and Wellness Co's gross profit for the trailing twelve months (TTM) ended in Oct. 2024 was $2,341 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Petco Health and Wellness Co's gross profit for the three months ended in Oct. 2024 was $576 Mil. Petco Health and Wellness Co's Revenue for the three months ended in Oct. 2024 was $1,511 Mil. Therefore, Petco Health and Wellness Co's Gross Margin % for the quarter that ended in Oct. 2024 was 38.09%.

Petco Health and Wellness Co had a gross margin of 38.09% for the quarter that ended in Oct. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Petco Health and Wellness Co was 43.37%. The lowest was 37.53%. And the median was 42.31%.

Warning Sign:

Petco Health and Wellness Co Inc gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Petco Health and Wellness Co Gross Profit Historical Data

The historical data trend for Petco Health and Wellness Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Petco Health and Wellness Co Gross Profit Chart

Petco Health and Wellness Co Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial 1,906.52 2,106.74 2,426.61 2,427.11 2,353.84

Petco Health and Wellness Co Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 550.00 606.35 578.66 580.73 575.76

Competitive Comparison of Petco Health and Wellness Co's Gross Profit

For the Specialty Retail subindustry, Petco Health and Wellness Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Petco Health and Wellness Co's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Petco Health and Wellness Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Petco Health and Wellness Co's Gross Profit falls into.



Petco Health and Wellness Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Petco Health and Wellness Co's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=6255.284 - 3901.449
=2,354

Petco Health and Wellness Co's Gross Profit for the quarter that ended in Oct. 2024 is calculated as

Gross Profit (Q: Oct. 2024 )=Revenue - Cost of Goods Sold
=1511.437 - 935.68
=576

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,341 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Petco Health and Wellness Co's Gross Margin % for the quarter that ended in Oct. 2024 is calculated as

Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=576 / 1511.437
=38.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Petco Health and Wellness Co  (NAS:WOOF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Petco Health and Wellness Co had a gross margin of 38.09% for the quarter that ended in Oct. 2024 => Competition eroding margins


Petco Health and Wellness Co Gross Profit Related Terms

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Petco Health and Wellness Co Business Description

Traded in Other Exchanges
Address
10850 Via Frontera, San Diego, CA, USA, 92127
Petco Health and Wellness Co Inc is a pet health and wellness company focused on improving the lives of pets, pet parents, and its partners with approximately 1,423 pet care centers offering pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others.
Executives
Cameron Breitner director C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Gary S Briggs director 117 ADAMS STREET, C/O ETSY, BROOKLYN NY 11201
Giovanni Insana officer: See Remarks 10850 VIA FRONTERA, SAN DIEGO CA 92127
Iris Yen director 10850 VIA FRONTERA, SAN DIEGO CA 92127
David Lubek director 10850 VIA FRONTERA, SAN DIEGO CA 92127
Ron Coughlin director, officer: Chief Executive Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Justin Tichy officer: Chief Stores Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Jason Heffelfinger officer: Chief Services Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Amy College officer: Chief Merchandising Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Michael Nuzzo officer: EVP, CFO & COO 6301 FITCH PATH, NEW ALBANY OH 43054
Brian Larose officer: Chief Financial Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Katherine Nauman officer: Chief Marketing Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Cvc Pet Lp 10 percent owner ONE MARITIME PLAZA, 16TH FLOOR, 300 CLAY STREET, SAN FRANCISCO CA 94111
Scooby Aggregator, Lp 10 percent owner ONE MARITIME PLAZA, 16TH FLOOR, 300 CLAY STREET, SAN FRANCISCO CA 94111
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000