Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.52B | 2.1% |
| Gross Profit | 581M | 0.4% |
| Cost of Revenue | 1.52B | 1.8% |
| Operating expense | 578M | 3.5% |
| Net Income | -25M | 46.6% |
| EBITDA | 53M | 61.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.28B | 0.3% |
| Total Liabilities | 4.15B | 1.2% |
| Total Equity | 1.13B | 2.7% |
| Shares Outstanding | 270,000 | 1.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 69M | 924.5% |
| Cash from investing | -26M | 17.1% |
| Cash from financing | -270,000 | 95.3% |
EPS
Financial Highlights for Petco in Q3 '24
Petco reported a revenue of 1.52B, which is a 2.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 581M, marking a 0.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.52B, a -1.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 578M, showing a -3.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -25M, showing a 46.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 53M, showing a 61.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Petco with growth in revenue, gross profit, and net income.
