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Petco Health and Wellness Priced, Nasdaq: WOOF

Multi-channel pet care retailer with about 1,500 locations across North America.

Industry: Consumer Discretionary

Latest Trade: $26.07 0.00 (0.0%)

First Day Return: +63.3%

Return from IPO: +44.8%

Industry: Consumer Discretionary

We are a beloved brand in the U.S pet care industry with more than 55 years of service to pets and the people who love and care for them. Since our founding in 1965, we have been developing new standards in pet care, delivering comprehensive wellness solutions through our products and services, and creating communities that deepen the pet-parent bond. Over the last three years, we have transformed the business from a successful traditional retailer to a disruptive, fully-integrated, digital-focused provider of pet health and wellness offerings. We revamped our leadership team and invested over $300 million to build out leading capabilities across e-commerce and digital, owned brands, data analytics, and a full suite of on-site services including veterinary care. Our investments have delivered a comprehensive, integrated, and technology-enabled ecosystem of channels and offerings, complemented by a rapid innovation capability that is disrupting the pet market and providing pet parents with a differentiated holistic solution for all their pet care needs. Our go-to-market strategy is powered by a multi-channel platform that integrates our strong digital presence with our nationwide physical network. Our data-driven digital footprint, consisting of an entirely redesigned e-commerce site and personalized mobile app, delivers an exceptional customer experience and serves as a hub for pet parents to manage their pets’ health, wellness, and merchandise needs, while enabling them to shop wherever, whenever, and however they want.
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IPO News for Petco Health and Wellness
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IPO Data
IPO File Date 12/03/2020
Offer Price $18.00
Price Range $14.00 - $17.00
Offer Shares (mm) 48.0
Deal Size ($mm) $864
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/13/2021
Offer Price $18.00
Price Range $14.00 - $17.00
Offer Shares (mm) 48.0
Deal Size ($mm) $864
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters San Diego, CA
Founded 1965
Employees 23,000
Website www.petco.com