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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Petco Health And Wellness Company, Inc. - WOOF

1. Pomerantz LLP is investigating Petco for potential securities fraud. 2. Petco reported a 2.3% sales decline in Q1 2025. 3. Petco's stock fell 23.34% following the financial results announcement.

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FAQ

Why Very Bearish?

The 23.34% drop indicates severe investor loss of confidence, reminiscent of Enron's collapse.

How important is it?

The investigation's implications on Petco undermine investor trust, impacting stock performance significantly.

Why Short Term?

Immediate investigations can threaten short-term stability and additional selling pressure.

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Pomerantz LLP is investigating claims on behalf of investors of Petco Health and Wellness Company, Inc. ("Petco" or the "Company") (NASDAQ:WOOF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Petco and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.[Click here for information about joining the class action]On June 5, 2025, Petco issued a press release reporting its financial results for the first quarter of 2025. Among other items, Petco reported net sales of $1.5 billion, representing a 2.3% year-over-year decline.On this news, Petco's stock price fell $0.85 per share, or 23.34%, to close at $2.78 per share on June 6, 2025.Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.Attorney advertising. Prior results do not guarantee similar outcomes.SOURCE: Pomerantz LLP

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