Petco Health and Wellness Company is not facing such dramatic dire straits yet, but the beloved pet retailer has been reevaluating the size of its brick-and-mortar fleet as it struggles to lift its bottom line.
Shares of Petco (Nasdaq: WOOF) are down almost 16% year to date and almost 26% over the last 12 months as of this writing.
How many stores is Petco closing?
In an earnings release last month, the company said it expected to close 25 locations in 2025, the same number of stores it closed in 2024. The news comes as net sales have declined 2.3% to $1.5 billion for the second quarter while comparable sales fell 1.4%.
Sabrina Simmons, Petco’s CFO, further clarified in a second-quarter earnings call that 10 locations had already closed year to date as of the end of the second quarter. The closures brought Petco’s U.S. store count to 1,388 locations.
Reached for comment by Fast Company, a Petco spokesperson said the closures are in line with the company’s full-year outlook and broader transformation efforts. “[We] have been accelerating initiatives to strengthen our operating model, including optimizing our fleet of more than 1,500 stores across the U.S., Mexico, and Puerto Rico,” the company said.
Which Petco locations have closed?
Petco declined to provide a full list of the locations that will shutter this year. A review of local media reports, online review sites such as Yelp, and Petco’s own store locator tool indicates that at least 13 locations have closed in 2025 so far. It includes Petco locations across 11 states and the District of Columbia