Petco Health & Wellness (NASDAQ: WOOF) started off as the leader of the pack when it went public in January of this year, chasing a 50% gain on the first day of trading. Sales are growing rapidly, with comps up by double-digit rates for six consecutive quarters, and have been positive for the last 12 quarters. Recurring customer revenue is also showing strength, up 60% year over year, giving Petco a measure of predictability for this stream. Read More...
Petco Health & Wellness (NASDAQ: WOOF) started off as the leader of the pack when it went public in January of this year, chasing a 50% gain on the first day of trading. Sales are growing rapidly, with comps up by double-digit rates for six consecutive quarters, and have been positive for the last 12 quarters. Recurring customer revenue is also showing strength, up 60% year over year, giving Petco a measure of predictability for this stream.
