Petco Health & Wellness Company, Inc.
For the period ended Feb 1, 2025. Filed Mar 31, 2025.
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FY2025 · Filed Mar 31, 2025
WOOF$3.10+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except per share amounts)
| February 1,2025 | February 3,2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $165,756 | $125,428 |
| Receivables, less allowance for credit losses ($1,594 and $1,806, respectively) | 40,425 | 44,369 |
| Merchandise inventories, net | 653,329 | 684,502 |
| Prepaid expenses | 53,515 | 58,615 |
| Other current assets | 60,594 | 38,830 |
| Total current assets | 973,619 | 951,744 |
| Fixed assets, net | 725,438 | 816,367 |
| Operating lease right-of-use assets | 1,302,346 | 1,384,050 |
| Goodwill | 980,064 | 980,297 |
| Trade name | 1,025,000 | 1,025,000 |
| Other long-term assets | 187,963 | 205,694 |
| Total assets | $5,194,430 | $5,363,152 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable and book overdrafts | $492,878 | $485,131 |
| Accrued salaries and employee benefits | 157,460 | 101,265 |
| Accrued expenses and other liabilities | 177,079 | 200,278 |
| Current portion of operating lease liabilities | 306,400 | 310,507 |
| Current portion of long-term debt and other lease liabilities | 5,346 | 15,962 |
| Total current liabilities | 1,139,163 | 1,113,143 |
| Senior secured credit facilities, net, excluding current portion | 1,578,091 | 1,576,223 |
| Operating lease liabilities, excluding current portion | 1,037,206 | 1,116,615 |
| Deferred taxes, net | 217,712 | 251,629 |
| Other long-term liabilities | 108,628 | 121,113 |
| Total liabilities | 4,080,800 | 4,178,723 |
| Commitments and contingencies (Notes 7 and 14) | ||
| Stockholders' equity: | ||
| Class A common stock, $0.001 par value: Authorized - 1.0 billion shares; Issued and outstanding - 239.1 million and 231.2 million shares, respectively | 239 | 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 | 2,280,495 | 2,229,582 |
| Accumulated deficit | (1,149,059) | (1,047,243) |
| Accumulated other comprehensive (loss) income | (18,083) | 1,821 |
| Total stockholders’ equity | 1,113,630 | 1,184,429 |
| Total liabilities and stockholders’ equity | $5,194,430 | $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.