CSG Snapshot: PETCO Animal Supplies Inc.
$4.2 billion (e)
AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA,
MD, ME, MI, MN, MO, MS, MT, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR,
RI, SD, TN, TX, UT, VA, VT, WA, WI, WY
Chairman + CEO: James Myers
President: Brad Watson
Exec VP + CFO: Michael Nuzzo
It’s like PetSmart. But different. With less revenue. But more capital letters. 2015 saw PETCO explore both the possibility of going public and merging with rival PetSmart (though not at the same time) in a bid to do something (anything) with itself. During these dalliances, the company took its foot off of the building accelerator. After neither of the aforementioned paths to prosperity panned out, PETCO has kicked back into expansion mode. Look for the company to increase its store count in the neighborhood of 5% annually in the near term.
Historical Data Source: Chain Store Guide’s Database of Discount Stores and Specialty Retailers.*CSG Projection. Estimated growth is based on proprietary trend analysis. Actual figures are subject to change. This data is not intended for investment decisions.