Petco Health Wellness Company Inc
For the period ended May 4, 2024. Filed Jun 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
May 4, 2024 · Filed Jun 5, 2024
WOOF$3.10+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except per share amounts)
| May 4,2024 | February 3,2024 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $89,717 | $125,428 |
| Receivables, less allowance for credit losses ($1,821 and $1,806, respectively) | 42,081 | 44,369 |
| Merchandise inventories, net | 681,020 | 684,502 |
| Prepaid expenses | 64,983 | 58,615 |
| Other current assets | 26,254 | 38,830 |
| Total current assets | 904,055 | 951,744 |
| Fixed assets | 2,177,472 | 2,173,015 |
| Less accumulated depreciation | (1,398,944) | (1,356,648) |
| Fixed assets, net | 778,528 | 816,367 |
| Operating lease right-of-use assets | 1,357,576 | 1,384,050 |
| Goodwill | 980,064 | 980,297 |
| Trade name | 1,025,000 | 1,025,000 |
| Other long-term assets | 213,819 | 205,694 |
| Total assets | $5,259,042 | $5,363,152 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable and book overdrafts | $464,524 | $485,131 |
| Accrued salaries and employee benefits | 95,027 | 101,265 |
| Accrued expenses and other liabilities | 198,219 | 200,278 |
| Current portion of operating lease liabilities | 307,989 | 310,507 |
| Current portion of long-term debt and other lease liabilities | 3,680 | 15,962 |
| Total current liabilities | 1,069,439 | 1,113,143 |
| Senior secured credit facilities, net, excluding current portion | 1,574,486 | 1,576,223 |
| Operating lease liabilities, excluding current portion | 1,093,136 | 1,116,615 |
| Deferred taxes, net | 240,653 | 251,629 |
| Other long-term liabilities | 119,019 | 121,113 |
| Total liabilities | 4,096,733 | 4,178,723 |
| Commitments and contingencies (Notes 4 and 8) | ||
| Stockholders' equity: | ||
| Class A common stock, $0.001 par value: Authorized - 1.0 billion shares; Issued and outstanding - 233.0 million and 231.2 million shares, respectively | 233 | 231 |
| Class B-1 common stock, $0.001 par value: Authorized - 75.0 million shares; Issued and outstanding - 37.8 million shares | 38 | 38 |
| Class B-2 common stock, $0.000001 par value: Authorized - 75.0 million shares; Issued and outstanding - 37.8 million shares | — | — |
| Preferred stock, $0.001 par value: Authorized - 25.0 million shares; Issued and outstanding - none | — | — |
| Additional paid-in-capital | 2,246,756 | 2,229,582 |
| Accumulated deficit | (1,093,726) | (1,047,243) |
| Accumulated other comprehensive income | 9,008 | 1,821 |
| Total stockholders’ equity | 1,162,309 | 1,184,429 |
| Total liabilities and stockholders’ equity | $5,259,042 | $5,363,152 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.