Petco net income jumps 176.7% to $38.7M on flat sales, helped by tariff refunds and tax benefit

Filed September 4, 2026 · Period ending August 1, 2026 · Compared to 10-Q Aug 29, 2025 · ~1 min read

Key Changes

• high

  Net income attributable to common stockholders rose to $38.7 million from $14.0 million, a 176.7% increase, while revenue was flat at $1.49 billion.

  MD&A: Results of Operations verify on EDGAR →
• high

  Operating income increased to $47.8 million from $43.0 million, including a $6.8 million net incremental tariff refund.

  MD&A: Results of Operations verify on EDGAR →
• high

  The company recognized a $15.7 million income tax benefit in the quarter, driven by a $13.4 million reduction in unrecognized tax benefits following a federal tax refund review.

  MD&A: Income Taxes verify on EDGAR →