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Petco Slides as CEO Comments Show Turnaround Not Finished | Collector
Petco Slides as CEO Comments Show Turnaround Not Finished
Bloomberg Markets

Petco Slides as CEO Comments Show Turnaround Not Finished

Petco Health & Wellness Co. shares fell as much as 18% in postmarket trading after the company’s second-quarter forecast fell below consensus estimates, outweighing a better-than-expected first quarter including a return to positive revenue growth for the first time in nearly two years.

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