Are there any changes to capital allocation such as share buybacks, dividend policy, or debt repayment plans?

Answer

Based on the information in the press release you provided, Petco (NASDAQ: WOOF) has announced that it will release its second‑quarter fiscal 2025 financial results after the market close on Thursday, August 28 2025 and will hold a conference call at 4:30 p.m. Eastern Time to discuss those results.

The release does not contain any details about:

• Share‑buyback programs (e.g., new authorizations, repurchase activity, or changes to existing buy‑back plans)
  
• Dividend policy (e.g., initiation, increase, decrease, or suspension of a dividend)
  
• Debt‑repayment or refinancing plans (e.g., new issuances, accelerated repayments, or changes to existing debt terms)

Therefore, from the current news item there is no indication of any changes to Petco’s capital‑allocation strategy—including share repurchases, dividend adjustments, or debt‑repayment actions.

What to Expect Next

• Earnings Release & Call: The upcoming Q2 2025 earnings release and the accompanying conference call are the primary venues where Petco typically provides updates on capital‑allocation decisions. Management may discuss:

  • Cash‑flow generation and how it will be allocated (e.g., reinvestment, dividends, buybacks, debt reduction).
    
  • Any new or revised shareholder‑return initiatives that could affect the above items.

• SEC Filings & Investor Presentations: After the earnings are released, Petco will file a Form 10‑Q (or Form 8‑K if there are material events) with the SEC, which often includes a “Liquidity and Capital Resources” section. This section can contain specifics on:

  • Planned or executed share‑repurchase activity.
    
  • Dividend declarations or changes.
    
  • Debt maturities, refinancing, or repayment schedules.

• Follow‑Up Communications: If you need definitive answers on capital‑allocation changes, you can:

  1. Listen to the conference call (or read the transcript afterward) for any management commentary.
     
  2. Review the earnings press release and accompanying investor presentation slides, which usually highlight key capital‑allocation decisions.
     
  3. Monitor subsequent press releases or SEC filings that may announce a new buy‑back program, dividend update, or debt‑repayment plan.

Bottom Line

• No capital‑allocation changes are disclosed in the current announcement.
  
• Details, if any, will likely be revealed in the Q2 2025 earnings release, the conference call, or related SEC filings.
  

If you need real‑time updates once the earnings are posted, consider setting up alerts for Petco’s investor relations page or subscribing to newswire services that track “capital allocation” keywords for this ticker.