In a partnership with Uber Eats, Petco customers can get pet food, toys, and treats delivered. According to a press release, all stores in the contiguous United States will offer delivery starting today.
Pet parents can use the Uber Eats app to browse and add Petco products to their carts. At checkout, users choose a convenient delivery time and track their order through the platform.
“With Uber’s technology and nationwide delivery network, we’re making it more convenient than ever to get the quality pet products families count on delivered straight to your doorstep,” said Uber’s head of retail in North America, Hashim Amin.
To kick off the partnership, pet parents can take advantage of an exclusive promotion. Until March 31, new and existing Uber Eats users spending $50 or more will get 40% off their Petco purchase. Of course, pet owners who are also Uber One members get $0 delivery fees on certain orders.
More than 15,000 Petco products are now deliverable via Uber Eats. Among them are the spring and Easter collections of fashionable pet clothing from YOULY.
Petco Quarterly Financial Report
Earlier this week, Petco released its earnings report. In the fourth quarter of 2024, the pet supply retailer revealed a gross profit of $589 million, a nearly 3% drop compared to Q4 2023. Net revenue fell just over 7%, coming in at $1.6 billion. Comparable sales, which measures income from stores open a year or more, climbed 0.5%.
For the entire year, gross profit was down 1.3%, hitting $2.3 billion. Petco’s net revenue also dropped, reaching only $6.1 billion, which is 2.2% less than 2023. Comparable sales represented a slight 0.3% increase.
“Our results in the fourth quarter demonstrate the progress we’ve made to return Petco to retail operating excellence,” said CEO Joel Anderson in a statement. “While there is more work ahead, I am confident our new leadership team is well-positioned to build on this early momentum.”
Petco expects a financial improvement in fiscal 2025. The company has committed to a revamp of operations with a focus on higher-margin, best-selling products and potential closings of underperforming locations. Pet services will also be a priority, which includes an expansion of in-store veterinary facilities.
