Petco (WOOF) Could Be Lowering Company Expectations

Petco's (WOOF) earnings were released today, May 24th. Its adjusted EPS came in at $0.06 versus an estimated $0.05 and revenue came in at $1.55B versus an estimated $1.48B. George Tsilis joins Alex Coffey and Jenny Horne to discuss WOOF. He notes that WOOF is seeing a deceleration on earnings and they're slowing the goalpost down in terms of expectations for the company. He also talks about how WOOF could have an efficiency problem. He then goes over how WOOF posted its 18th consecutive quarter of comp sales growth. Tune in to find out more about the stock market today.