WOOF Q3 2019 Earnings Report — Petco Health and Wellness Company, Inc. Revenue & Financial Results | Market Cap Arena

Petco Health and Wellness Company, Inc.WOOF

Q3 2019 Earnings

Reported November 1, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2019	Q2 2019	Q3 2018	QoQ Change	YoY Change
Revenue	$1.1B	$1.1B	—	-0.3%	—
Op. Income	$24M	$23M	—	4.7%	—
Gross Margin	43.2%	42.7%	—	0.5pp	—
Net Margin	-2.6%	-2.8%	—	0.2pp	—
EPS (Diluted)	$-0.02	$-0.02	—	7.2%	—
Free Cash Flow	-$48M	-$53M	—	9.4%	—

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$621M
GROSS PROFIT	$472M
R&D Expenses	$0
Selling & Marketing	$20M
General & Administrative	$428M
SG&A Expenses	$448M
Other Expenses	$300.0K
Operating Expenses	$449M
Cost & Expenses	$1.1B
OPERATING INCOME	$24M
Interest Income	$63M
Interest Expense	$0
Other Income/Expenses	-$63M
INCOME BEFORE TAX	-$39M
Income Tax Expense	-$8M
Net Income from Continuing Ops	-$31M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$28M
D&A	$44M
EBIT	$24M
EBITDA	$68M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$28M
Depreciation & Amortization	$44M
Stock-Based Compensation	$3M
Deferred Income Tax	$0
Other Non-Cash Items	$91M
Change in Working Capital	-$114M
OPERATING CASH FLOW	-$4M
Capital Expenditure	-$43M
Acquisitions (Net)	$1M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$44M
Net Debt Issuance	$48M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$1M
NET CASH FROM FINANCING	$47M
FREE CASH FLOW	-$48M
Net Change in Cash	-$1M