Welcome to our dedicated page for Wag! Group Co. news (Ticker: PET), a resource for investors and traders seeking the latest updates and insights on Wag! Group Co. stock.
News and filings for Wag! Group Co. (historically traded under the symbol PET) document a period of strategic activity, financial reporting, asset sales, and a court-supervised restructuring. The company’s press releases describe its focus on serving the service, product, and wellness needs of the modern U.S. pet household through the Wag! app and related digital properties such as Petted, Dog Food Advisor, WoofWoofTV, maxbone, and Furmacy.
Visitors to this news page can review company-issued announcements on quarterly and annual financial results, including revenue breakdowns across Services, Wellness, and Pet Food & Treats, as well as reported net loss and non‑GAAP metrics such as Adjusted EBITDA. Earnings releases also explain how the company defines key operating metrics like Platform Participants and describe trends in marketing spend, debt repayment, and cost management, based on the company’s own commentary.
In addition to earnings updates, Wag! Group Co. has published news about capital markets transactions and strategic steps. These include the pricing of an underwritten public offering of common stock, with stated plans to use net proceeds primarily to repay indebtedness, and the sale of its Furscription veterinary e‑prescription software business to MWI Veterinary Supply Co., with proceeds applied toward obligations under its financing agreement. Press materials also discuss a Board-led review of strategic alternatives, including potential investments, partnerships, sales, or mergers involving the company or its assets.
Later news and related Form 8‑K filings focus on the company’s recapitalization transaction with Retriever LLC and its voluntary Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. Releases describe a pre‑packaged plan of reorganization, debtor‑in‑possession financing, and an expected transition of ownership to Retriever. Subsequent disclosures report Nasdaq’s decision to delist the company’s securities and, ultimately, the confirmation and substantial consummation of a plan under which all pre‑bankruptcy common stock and other equity interests were cancelled and extinguished.
This page serves as an archive of company-generated news about PET, from operating and financial updates to restructuring milestones, allowing readers to follow the historical sequence of events as described by Wag! Group Co. in its own public communications.
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Wag! Group Co. (NASDAQ: PET) announced it will report its first quarter 2023 financial results on May 9, 2023, after market close. Management will discuss the results during a conference call at 4:30 p.m. ET that same day. The company focuses on pet care services including dog walking, pet sitting, and pet insurance through its platform. Wag! aims to be the leading choice for busy pet parents, providing access to a network of 450,000 pet caregivers nationwide. Interested parties can pre-register for the call and access a webcast through provided links.
Wag! Group Co. (NASDAQ: PET) announced its participation in the D.A. Davidson 6th Annual Consumer Growth Conference on March 21, 2023, at 3:30 PM ET. This event will feature a fireside chat with the company's management team, which will be webcast live on their investor relations site. Wag! aims to be the leading platform for busy pet parents by providing access to premium pet care services and insurance options. Their offerings include services from a community of 450,000 pet caregivers, along with resources like Petted.com for pet insurance comparisons and Furmacy.com for prescription services.
Wag! Group Co. (NASDAQ: PET) announced that its management team will present at the 35th Annual Roth Conference on March 13, 2023, at 11:00 AM ET. The presentation will be available for live streaming on the company’s investor relations website, with an archived replay to follow.
Wag! aims to be the leading platform for busy Pet Parents, providing on-demand access to 5-star pet care, insurance options, and expert advice. The company connects pet owners with a community of 450,000 caregivers nationwide and operates related services, enhancing its market presence.
Wag! Group Co. (Nasdaq: PET) reported record financial results for Q4 and the full year 2022, marking significant growth. Q4 revenue surged 110% to $17.0 million, with a net income of $5.8 million compared to a net loss of $2.7 million in Q4 2021. For the full year, revenue increased 173% to $54.9 million, although net loss rose to $38.6 million due to transaction costs. The company announced a revised 2023 guidance, projecting revenue between $75 million and $77 million, a 7% increase from previous estimates, and adjusted EBITDA guidance improving significantly. Wag! is also expanding its product offerings and has successfully integrated recent acquisitions.
Wag! Group Co. (NASDAQ: PET) is set to announce its fourth quarter and full year 2022 financial results on February 21, 2023, after the market closes. The management will hold a conference call at 4:30 p.m. ET to discuss these results. Interested parties are encouraged to pre-register for the call. Following the call, an archived version will be available on Wag!'s investor relations page.
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Wag! Group Co. (NASDAQ: PET) has successfully acquired Dog Food Advisor assets for $9 million, a strategic move to expand its presence in the pet food market. Dog Food Advisor, a trusted resource for dog food choices, aligns with Wag!'s mission to provide premium pet care services. This acquisition, previously announced on January 3, 2023, will enhance Wag!'s offerings and community engagement with pet owners. Wag! will update its 2023 financial outlook to include this acquisition during its fourth-quarter 2022 results release.