Wag! Group Co

Wag! Group Co. engages in the development of a proprietary marketplace technology, which enables independent pet caregivers to connect with pet parents for specific pet care services. The company was founded in 2015 and is headquartered in San Francisco, CA.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Wag! Group Co (PET) reports record revenue growth and strategic focus

Wag! Group Co (PET) delivered robust Q4 2022 results, showcasing strong revenue growth, improved financial performance, and a clear growth strategy for 2023.
The company's focus on premium pet care, strategic partnerships, and operational efficiency positions it well for future success and sustainable growth.
Challenges in managing costs, competition, and balancing investments highlight areas for continued focus and strategic decision-making.
Opportunities in market expansion, cross-selling, and caregiver rewards offer avenues for revenue enhancement and customer engagement.

Wag! Group Co (PET) reports record revenue and aims for profitability in 2023

Wag! Group Co (PET) delivered strong Q1 2023 results with record revenue, platform growth, and strategic acquisitions. The company raised its 2023 guidance, emphasizing disciplined growth and profitability goals for the year. Despite challenges like weather impacts, Wag! remains focused on expanding its product offerings and enhancing customer value.
Wag! demonstrated strengths in customer engagement, strategic partnerships, and competitive positioning in the pet industry. The company's focus on personalized care for pets and building a comprehensive platform sets it apart in the market. Leveraging opportunities in the growing pet food category and wellness offerings can drive sustainable growth and profitability.
Challenges such as weather-related revenue impacts and balancing growth with profitability goals require careful navigation. Wag! must address potential missed revenue opportunities and competitive pressures to achieve EBITDA profitability in 2023. Continuous innovation and operational efficiency will be key to overcoming challenges and sustaining growth.

Wag! Group Co (PET) reports robust Q2 earnings and eyes international expansion

Wag! Group Co (PET) delivered strong financial results in Q2 2023, with revenue growth, improved EBITDA, and strategic acquisitions. The company's focus on profitability, operational efficiency, and new offerings positions them well for future growth. Challenges in scaling new offerings and international expansion should be addressed to sustain momentum.

Wag! Group Co (PET) reports robust Q3 earnings and outlines growth strategies

Wag! Group Co (PET) delivered strong Q3 results with notable revenue growth, improved profitability, and strategic growth initiatives. The company's focus on efficient capital allocation, brand building, and expanding premium subscriptions positions it well for future success. Despite challenges in a competitive market, Wag! Group Co (PET) has opportunities to leverage industry growth and enhance its market position.

Wag! Group Co (PET) reports robust Q4 growth and strategic expansion plans

Wag! Group Co (PET) delivered strong financial performance in Q4 2023, achieving revenue growth and EBITDA profitability milestones, setting a positive trajectory for future growth.
Strategic expansions, partnerships, and revenue diversification initiatives position the company for sustained growth and market competitiveness in the pet industry.
While facing challenges such as seasonality and debt repayment, Wag! remains focused on capitalizing on growth opportunities, innovation, and operational efficiency to drive long-term success.

Wag! Group Co (PET) reports record revenue growth in Q1 2024

Wag! Group Co (PET) demonstrated strong financial performance with revenue growth and positive cash flows.
Strategic initiatives like Furscription and WeCompare position the company for continued expansion and revenue diversification.
While facing challenges such as market competition and weather impact, the company aims to leverage opportunities for growth.

Wag! Group Co (PET) reports record EBITDA amidst revenue decline

Wag! Group Co (PET) navigated Q2 with a focus on profitability, achieving record adjusted EBITDA despite a revenue decline, and improving EBITDA margin.
The company's strategic priorities include reducing marketing spend, expanding product offerings, and driving free cash flow to ensure sustainable growth.
While facing challenges such as declining platform participants, debt refinancing, and market competition, Wag! Group Co (PET) aims to capitalize on opportunities for revenue growth and financial optimization.

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Wag! Group Co. (NASDAQ:PET ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Greg Robles – Investor Relations Garrett Smallwood – Chief Executive Officer Adam Storm – President and Chief Product Officer Alec Davidian – Chief Financial Officer Conference Call Participants Jason Helfstein – Oppenheimer Jeremy Hamblin – Craig-Hallum Matthew Koranda – ROTH Capital Operator Good afternoon, and welcome to the Wag! Second Quarter 2024 Earnings Conference Call.

Wag! Group Co. (PET) Q2 2024 Earnings Call Transcript

Wag! Group Co. (PET) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.09 per share a year ago.

Wag! Group Co. (PET) Reports Q2 Loss, Tops Revenue Estimates

SAN FRANCISCO--(BUSINESS WIRE)--Wag! Group Co. (the “Company” or “Wag!”; Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights: Revenues decreased 6% to $18.7 million, compared to $19.8 million in the second quarter of 2023 – comprised of $5.6 million of Services revenue, $11.5 million of Wellness rev.

Wag! Reports Second Quarter 2024 Results

Wag! Group Co. (PET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Wag! Group Co. (PET) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

SAN FRANCISCO--(BUSINESS WIRE)--Wag!, (Wag! Group Co., Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced that it will report second quarter 2024 financial results after market close on Wednesday, August 7, 2024. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to d.

Wag! To Report Second Quarter 2024 Financial Results on August 7, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Wag! Group Co. (the “Company” or “Wag!”; Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced the pricing of its underwritten public offering of 7,407,407 shares of its common stock at a price to the public of $1.35 per share. The gross proceeds to Wag! from the offering, before deducting underwriting discounts and commissions and other offering expenses, are.

Wag! Group Co. Announces Pricing of Public Offering of $10 Million of Shares of Common Stock

SAN FRANCISCO--(BUSINESS WIRE)--Wag! Group Co. (Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced that it has commenced an underwritten public offering of shares of its common stock. The proposed offering is subject to market and other conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the proposed offering. W.

Wag! Group Co. Announces Proposed Public Offering of Common Stock

Wag Group Co.'s stock PET, -2.52% fell more than 3% early Wednesday, after the platform for pet products offered preliminary quarterly numbers that lagged consensus and lowered its full-year guidance. The company said its second-quarter revenue is tracking at a range of $18.5 million to $19.0 million, below the $22.7 million FactSet consensus.

Wag Group's stock slides 3% after company offers below-consensus Q2 numbers and lowers full-year guidance

SAN FRANCISCO--(BUSINESS WIRE)--Wag! Group Co. (the “Company” or “Wag!”; Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced selected preliminary unaudited second quarter 2024 results and updated financial guidance for the full year 2024. “Based on market and shareholder feedback, we have prioritized free cash flow growth in order to strengthen our balance sheet in the near and mid-term,” s.

Wag! Announces Preliminary Second Quarter 2024 Results and Updates Financial Guidance for Full Year 2024

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SAN FRANCISCO--(BUSINESS WIRE)--Wag! (Wag! Group Co., Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced its participation in the following events: Lake Street Pet Day. Garrett Smallwood, CEO and Chairman, and Adam Storm, President and CPO of Wag!, will participate in a Fireside Chat hosted by Lake Street Capital Markets on June 4, 2024 at 10:00 AM ET. Wolfe Research Small and Mid-Cap Conf.

Wag! Announces Participation in Upcoming Investor Events

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Wag! Group Co (NASDAQ:PET ) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Greg Robles - IR Garrett Smallwood - CEO & Chairman Adam Storm - President & Chief Product Officer Alec Davidian - CFO Conference Call Participants Matt Koranda - ROTH Capital Partners Jason Helfstein - Oppenheimer Greg Pendy - Chardan Capital Markets Operator Good morning and welcome to the Wag! First Quarter 2024 Earnings Conference Call.

Wag! Group Co (PET) Q1 2024 Earnings Call Transcript

SAN FRANCISCO--(BUSINESS WIRE)--Wag! Group Co. (the “Company” or “Wag!”; Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: Revenues increased 13% to $23.2 million, compared to $20.6 million in the first quarter of 2023, a quarterly revenue record – comprised of $5.3 million of Services revenue, $1.

Wag! Reports Record First Quarter 2024 Results

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SAN FRANCISCO--(BUSINESS WIRE)---- $PET #WagPET--Wag! announces WeCompare.com, a new consumer-facing brand poised to reshape the insurance comparison landscape.

Wag! Group Announces WeCompare.com: Transforming Insurance Comparison with Best-in-Class Technology and Consumer Focus

SAN FRANCISCO--(BUSINESS WIRE)---- $PET #WagPET--Wag! announces successful rebrand of Dog Food Advisor.

Wag! Rebrands Dog Food Advisor, User-Friendly Redesign Drives Increased Engagement; Launches New White Label Dog Food Calculator Experience

SAN FRANCISCO--(BUSINESS WIRE)--Wag!, (Wag! Group Co., Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced that it will report first quarter 2024 financial results before market open on Thursday, May 9, 2024. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 8.

Wag! To Report First Quarter 2024 Financial Results on May 9, 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $PET #WagPET--Wag! announces the launch of Furscription, a software for veterinarians to simplify the prescription writing and filling process.

Wag! Launches Furscription, a Revolutionary Software Solution to Solve the Veterinary Prescription Headache

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Wag! Group Co. (PET) Q4 2023 Earnings Call Transcript

SAN FRANCISCO--(BUSINESS WIRE)--Wag! Group Co. (the “Company” or “Wag!”; Nasdaq: PET), which strives to be the #1 platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights: Revenues increased 27% to $21.7 million, compared to $17.0 million in the fourth quarter of 2022, a quarterly revenue record – comprised of $6.3 million of Services.

Wag! Reports Record Fourth Quarter and Preliminary Full Year 2023 Results

SAN FRANCISCO--(BUSINESS WIRE)---- $PET #WagPET--Wag! (Wag! Group Co., Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced the successful completion of its acquisition of WoofWoofTV. This acquisition marks Wag!'s entrance into the distributed media space. WoofWoofTV has an annual reach to an audience of over 800 million on Instagram and Facebook, 5 million impressions on YouTube, and nearly 25 million uniqu.

News for Wag! Group Co Stock (PET)