Will Petco Continue Its Streak of Double-Digit Comp Growth in Q4?

Petco Health & Wellness (NASDAQ: WOOF) is scheduled to report fourth-quarter and fiscal year 2021 earnings on March 8. Since the pandemic onset, when pet adoption gained popularity, the company has been thriving.

Folks spending more time at home and less time with friends, family, and coworkers craved the companionship a furry friend could provide. As a result, consumer spending on pets soared, and Petco went on a streak of six consecutive quarters of double-digit comparable-store sales growth. 

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Source Fool.com