Petco Health and Wellness Company, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Joel D. Anderson
- Full Time Employees
- 29,000
- Sector
- Retail trade
- Industry
- Internet retail
- Address
- 10850 Via Frontera San Diego CA United States 92127
- IPO Date
- Jan 14, 2021
- CIK
- 0001826470
- Website
- petco.com
- Similar Companies
- Business
- Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) operates as a leading omnichannel pet retailer and provider of health and wellness services for pets, offering merchandise including pet food, supplies, toys, accessories and habitats; grooming and training services; a growing network of on-site veterinary hospitals and mobile veterinary clinics; companion animals; and digital access via petco.com and the Petco app, with operations spanning more than 1,500 pet care centers across the U.S., Mexico and Puerto Rico. Founded in 1965 as UPCO by Walter Evans in San Diego, California, where it maintains headquarters at 10850 Via Frontera, the company rebranded to Petco in 1979 and has evolved through multiple private equity acquisitions by firms including CVC Capital Partners and Canada Pension Plan Investment Board before its January 2021 initial public offering. Petco targets pet owners and parents seeking comprehensive care solutions, partnering with Petco Love—a nonprofit it founded in 1999—to support thousands of animal welfare groups and facilitate nearly 7 million adoptions. In recent developments, Petco reported fourth-quarter 2024 net revenue of $1.6 billion, down 7.3% year-over-year amid a strategic transformation under CEO Joel Anderson, who joined the new leadership team to drive retail operating excellence, double-digit adjusted EBITDA improvement in 2025 and sustainable profitable growth; the company continues focusing on phased execution including store optimizations and enhanced veterinary and digital services as outlined at the Goldman Sachs 32nd Annual Global Retailing Conference in September 2025.
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