Petco Health and Wellness Company, Inc. Class Action Lawsuit - WOOF

(i) Petco’s pandemic-related tailwinds were unsustainable, as was its business model of selling primarily premium and/or high-grade pet food; (ii) accordingly, the strength of Petco’s differentiated product strategy was overstated; (iii) defendants downplayed the true scope and severity of the foregoing issues, the magnitude of changes needed to rectify those issues, and the likely negative impacts of their mitigation strategy on Petco’s comparable sales metric; (iv) accordingly, defendants overstated Petco’s ability to deliver sustainable, profitable growth; and (v) as a result, defendants’ public statements were materially false and misleading at all relevant times.

In order to be eligible to join the WOOF class action lawsuit, you must have incurred a loss on shares of Petco purchased during the class period listed above.

If you suffered a loss in Petco during the relevant time frame or pursuant to the relevant offering(s), you have until August 29, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.