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MarketBeat
MarketBeat
Business
Chris Markoch

Petco Is Still Being Priced Like the Old Petco

At a surface level, Petco Health and Wellness (NASDAQ: WOOF) looks like a company that would be a solid defensive stock for times like these.

Data from the American Pet Products Association forecasts that Americans will spend $165 billion on their pets in 2026, an increase of 4.4% from 2025.

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