WOOF, DKS Earnings Reaction, CAT Upgrade, & KSS Potential Buyers

Petco (WOOF) stock price is up after a better-than-expected earnings report that indicated $0.28 in EPS and $1.51B in revenue. How does WOOF compare to other pet stocks like CHWY, BARK, and FRPT? Next, Jeff Pierce weighs in on Caterpillar (CAT) stock being upgraded to buy from hold at Jefferies. The analyst stated that the Russia-Ukraine crisis has “fundamentally altered global commodity markets” and will likely drive a decade of reinvestment. Also, the Dick’s Sporting Goods (DKS) earnings report was released and showed $3.64 in EPS and $3.35B in revenue, beating estimates. The DKS stock price is trading higher today following the news. Finally, Pierce discusses the Kohl’s (KSS) filing that showed the company was engaged with more than 20 potential buyers and used financial adviser Goldman Sachs (GS) in the sales exploration process. Tune in for the full discussion.