Petco (WOOF) reported second-quarter 2026 net sales of $1.49 billion, up 0.05% from a year earlier, while comparable sales increased 0.6%. Net income attributable to Class A and B-1 common stockholders was $38.7 million, compared with $14.0 million in the prior-year quarter.
Operating income rose 11.1% to $47.8 million. The company reaffirmed its full-year 2026 outlook for net sales ranging from flat to 1.5% growth and adjusted EBITDA of $415 million to $430 million.
- Basic earnings per share were $0.14 and diluted earnings per share were $0.13.
- Gross profit increased to $591.1 million, with gross margin rising to 39.7% from 39.3%.
- Results included a net $6.8 million benefit from IEEPA tariff refunds.
- Cash and cash equivalents totaled $293.5 million at August 1, 2026.
- Petco prepaid an additional $75.0 million of debt after the quarter, bringing nine-month debt prepayments to $170 million.
$WOOF Insider Trading Activity
$WOOF insiders have traded $WOOF stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $WOOF stock by insiders over the last 6 months:
- HOLLY MAY (Chief Human Resources Officer) has made 0 purchases and 3 sales selling 450,000 shares for an estimated $1,145,500.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$WOOF Hedge Fund Activity
We have seen 80 institutional investors add shares of $WOOF stock to their portfolio, and 131 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 2,786,471 shares (+inf%) to their portfolio in Q2 2026, for an estimated $7,579,201
- ROYCE & ASSOCIATES LP added 2,572,250 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,996,520
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,209,999 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,011,197
- CASTLEKNIGHT MANAGEMENT LP added 998,900 shares (+815.4%) to their portfolio in Q2 2026, for an estimated $2,717,008
- DIMENSIONAL FUND ADVISORS LP added 961,648 shares (+9.5%) to their portfolio in Q2 2026, for an estimated $2,615,682
- DEERFIELD MANAGEMENT COMPANY, L.P. removed 936,309 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,546,760
- JANE STREET GROUP, LLC removed 879,134 shares (-95.4%) from their portfolio in Q2 2026, for an estimated $2,391,244
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
