Petco returns to positive comp sales growth in Q1 2026, beats outlook
Petco reported Q1 2026 net sales of $1.5B with 0.7% comparable sales growth and operating income up 50.5%, validating its 'Reach for the Sky' strategy. The company reaffirmed full-year 2026 guidance and remains focused on deleveraging to a 2x leverage ratio.
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