Petco is a pet retailer in the United States that offers pet supplies and services. It is the second-largest pet retailer in the United States, behind only Petsmart.
Petco was founded in 1965 by a man named Harry Samuel. He started the company with just two stores in San Diego, California. Today, Petco has more than 1,500 stores across the United States.
Petco offers a wide variety of pet supplies and services. They have everything from food and toys to grooming and boarding.
They also offer adoption services.
Petco is a publicly traded company. Their stock is traded on the New York Stock Exchange under the ticker symbol “WOOF”. As of May 2020, Petco has a market capitalization of $3.1 billion.
Is Petco stock a good buy?
The answer to this question depends on a lot of factors. Some people might say yes because Petco is a well-established company with a long history of success.
Others might say no because the company is facing some headwinds in the current economy. The bottom line: Only you can decide if Petco stock is a good buy for you. Consider your investment goals and risk tolerance when making your decision.