ATTENTION NASDAQ: WOOF INVESTORS: Contact Berger Montague About a Petco Health and Wellness Company Class Action Lawsuit

1. Petco faces a class action lawsuit for alleged securities law violations. 2. Claims involve misleading statements about the company's growth and pandemic effects. 3. Petco stock fell over 20% on August 24, 2023, after financial guidance drop. 4. Investors can seek to be lead plaintiffs until August 29, 2025. 5. The lawsuit highlights operational challenges and financial overstating by the company.

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FAQ

Why Bearish?

The ongoing class action lawsuit indicates potential financial instability, similar to past cases affecting stock performance.

How important is it?

The lawsuit raises investor concerns regarding corporate governance and financial practices, which directly affect WOOF's market perception.

Why Short Term?

Legal proceedings typically yield immediate stock price reactions, as seen with other class action defendants.

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PHILADELPHIA, July 8, 2025 /PRNewswire/

Berger Montague, a nationally recognized securities litigation law firm, is investigating potential securities law violations involving Petco Health and Wellness Company, Inc. ("Petco" or the "Company") (NASDAQ: WOOF). A class action lawsuit was recently filed on behalf of investors who acquired Petco securities between January 14, 2021 and June 5, 2025 (the "Class Period").

Investor Deadline

Investors who purchased or acquired Petco securities during the Class Period may, no later than August 29, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.

Petco, headquartered in San Diego, CA, is a health and wellness company focused on enhancing the lives of pets and pet parents.

The complaint alleges that Defendants made materially false and misleading statements regarding Petco's pandemic-related tailwinds and the sustainability of its premium pet food business model. It further alleges that the Company overstated its ability to deliver profitable growth while downplaying operational challenges. These alleged misrepresentations led to significant declines in Petco's stock price, including a drop of more than 20% on August 24, 2023, following a downward revision of financial guidance, and further declines after subsequent disclosures and leadership changes.

If you are a Petco investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267)764-4865.

About Berger Montague

Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco, Chicago, and Toronto, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

For more information or to discuss your rights, please contact:

Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
[email protected]

Caitlin Adorni
Berger Montague
(267) 764-4865
[email protected]

SOURCE Berger Montague