Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Q2 2024 Earnings Call Transcript September 10, 2024 5:00 PM ET
Company Participants
Benjamin Thiele-Long - Chief ESG & Communications Officer
Joel Anderson - CEO
Brian LaRose - CFO
Conference Call Participants
Zach Fadem - Wells Fargo
Peter Benedict - Baird
Steven Forbes - Guggenheim
Seth Basham - Wedbush
Michael Lasser - UBS
Kaumil Gajrawala - Jefferies
Steven Zaccone - Citi
Oliver Wintermantel - Evercore ISI
Kendall Toscano - Bank of America
Operator
Good day, and welcome to the Petco Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Benjamin Thiele-Long. Please go ahead.
Benjamin Thiele-Long
Good afternoon, and thank you for joining Petco's Second Quarter 2024 Earnings Conference Call. In addition to the earnings release, there is [Technical Difficulty]. In addition, on today's call, we will refer to certain non-GAAP financial measures. Reconciliations of those measures can be found in our earnings release, presentation, and SEC filings. And finally, during the Q&A portion of today's call, we ask that you please keep to one question and one follow-up.
With that, let me turn it over to Joel.
Joel Anderson
Good afternoon, everyone, and thank you for joining us today. I could not be more excited to lead Petco through this pivotal time for the company and shape the next chapter of its extraordinary mission-driven approach of improving the lives of pets and pet parents.
First, on behalf of the Petco Board, I'd like to thank Mike Mohan for stepping in as Interim CEO and for his tireless work to stabilize our operations and drive continued improvements in performance over the last six months. His passion for our business, his focus on strengthening our retail fundamentals, and his work to realign our cost structure has set us on a path for improved profitability. We will continue to build on this going forward.
Before giving a brief overview on our priorities for the remainder of the year, I'd like to spend a few moments on why I came to Petco. I believe in Petco's deep-rooted mission to improve lives for pets and their parents. Pets have always been a central part of my life. Having grown up with dogs and seen my children do the same, I've experienced firsthand the immense joy pets bring to a family, including mine.