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| Petco | |
| Formerly | Petco Animal Supplies, Inc. |
| Company type | Public |
| |
| Industry | Retail |
| Genre | Pet store |
| Founded |
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| Founder | Walter Evans |
| Headquarters | San Diego, California, U.S. |
Number of locations | 1,500[1] (2021) |
Area served | United States (including Puerto Rico), Mexico |
Key people | Mike Mohan (Interim CEO) |
| Products | Pet supplies and live animals |
| Brands | Unleashed by Petco, PetCoach, PetInsuranceQuotes.com |
| Revenue | |
 US$194 million (2021)[3] | |
 US$26.483 million (2021)[3] | |
| Total assets | US$1.912 billion (2021)[3] |
| Total equity | US$219.083 million (2021)[3] |
| Owner |
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Number of employees | 27,000 (January 30, 2021) |
| Website | petco |
Petco Health and Wellness Company, Inc. is an American pet retailer with corporate offices in San Diego and San Antonio. Petco sells pet food, products, and services, as well as certain types of live small animals.
Founded in 1965 as a mail-order veterinary supply company in California, it grew into a pet food and supplies chain. Acquired by The Spectrum Group, Inc. and the Thomas H. Lee Company in 1988, it first went public on the NASDAQ in 1994 (ticker "PETC").[4] It was subsequently bought by Leonard Green & Partners and Texas Pacific Group in 2000 and went privately owned. In 2002 the company went public for the second time, again on the NASDAQ under ticker "PETC".[5] In 2016 Petco was sold to CVC Capital Partners and the Canada Pension Plan Investment Board, who retained control when Petco held its third IPO in January 2021.
As of 2021, the company has approximately 1,500 Petco stores across the United States (including Puerto Rico) and Mexico. Stores sell pet food, pet supplies, small animals, and fish. Some stores offer services such as obedience training, dog grooming, pet vaccinations, and veterinary care, while also hosting adoption events. Unleashed by Petco are smaller stores that do not sell live animals. The company also owns the PetCoach app, PetInsuranceQuotes.com, and Vital Care, a subscription service for veterinary care.[6][7]
The company owns the naming rights to the Petco Park baseball stadium, which is home of the San Diego Padres. Petco had yearly revenues of $4.1 billion in 2020, and was the 107th largest private company in the United States.
- ^ "About Petco". Petco.com. Retrieved September 8, 2017.
- ^ "Petco Animal Supplies". Forbes.com.
- ^ a b c d e "WOOF Financials". Nasdaq.com. January 30, 2021.
- ^ "About Petco". Petco Corporate Website. Petco Corp. Retrieved 12 April 2024.
- ^ "Petco IPO barks softly". CNN. Feb 22, 2002. Retrieved 12 April 2024.
- ^ Cite error: The named reference
About Petco 2021was invoked but never defined (see the help page). - ^ Harvey, Katherine P. (4 September 2013). "Petco taking over PetPeople stores". The San Diego Union-Tribune. Retrieved 27 September 2021.