Petco Health & Wellness Company, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total cost of sales $2.5b $2.8b $3.4b $3.6b $3.9b $3.8b $3.7b
Gross profit $1.9b $2.1b $2.4b $2.4b $2.4b $2.3b $2.3b
Operating income (loss) $110.6m $194.4m $266.1m $225.6m ($1.2b) $7.1m $120.4m
Goodwill impairment $0 $0 $1.2b $0
Interest income ($335k) ($653k) ($62k) ($1.0m) ($3.4m) ($3.7m) ($6.3m)
Loss on partial extinguishment of debt $17.5m $20.8m $920k $565k
Other non-operating income ($34.5m) $12.7m ($4.7m) ($4.8m) $0
Loss before income taxes and income from equity method investees ($142.1m) ($41.6m) $202.4m $112.3m ($1.3b) ($128.0m) ($5.0m)
Income from equity method investees ($2.4m) ($6.5m) ($10.9m) ($13.0m) ($16.2m) ($18.7m) ($20.4m)
Net loss attributable to noncontrolling interest ($8.1m) ($5.3m) ($4.6m) ($891k) $0 $0
Total net sales $4.4b $4.9b $5.8b $6.0b $6.3b $6.1b $6.0b
Consolidated net income (loss) ($104.0m) ($31.7m) $159.8m $89.9m ($1.3b) ($101.8m) $9.1m
Net income (loss) attributable to Class A and B-1 common stockholders ($95.9m) ($26.5m) $164.4m $90.8m ($1.3b) ($101.8m) $9.1m
Basic ($0.46) ($125.70) $0.62 $0.34 ($4.79) ($0.37) $0.03
Diluted ($0.46) ($125.70) $0.62 $0.34 ($4.79) ($0.37) $0.03
Selling, general and administrative expenses $1.8b $1.9b $2.2b $2.2b $2.3b $2.3b $2.2b
Interest expense $253.0m $219.1m $77.4m $101.6m $150.9m $143.5m $131.2m
Income tax expense (benefit) ($35.7m) ($3.3m) $53.5m $35.3m ($27.6m) ($7.5m) $6.3m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.