Petco Keeps Streak of Double-Digit Comp Growth Alive
Petco (NASDAQ: WOOF) announced fourth-quarter and fiscal year 2021 earnings on March 8. The results showed the pet retailer's streak of double-digit, comparable-store sales growth extended to seven quarters.
Sales boomed for Petco at the pandemic's onset and have not relented. Millions of folks were spending more time at home, away from friends, classmates, and coworkers. The trend fueled an increase in demand for the companionship of a furry friend.
Let's look closer at Petco's Q4 results and what they could mean for investors.
Source Fool.com
