SAN DIEGO (AP) — SAN DIEGO (AP) — Petco Health & Wellness Co. (WOOF) on Thursday reported fiscal second-quarter net income of $14 million.
The San Diego-based company said it had net income of 5 cents per share. Earnings, adjusted for stock option expense and asset impairment costs, came to 8 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The pet store chain posted revenue of $1.49 billion in the period.
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