petco health  wellness co inc’s stock woof fell 23 in premarket trades wednesday after the pet food and health products company offered soft revenue guidance for the current year petco beat analysts’ top and bottom line expectations in its firstquarter results released before market open the company posted a net loss of 19 million or a loss of 1 cent a share after net income of 247 million or earnings of 9 cents a share in the prior year’s quarter petco said this was driven primarily by a 5 cent per share per share increase in interest expense yearoveryear adjusted pershare earnings came to 6 cents a share compared to 14 cents a share in the same period last year but above the factset consensus of 5 cents a share petco’s revenue was 156 billion an increase of 54 on the same period last year which the company said was driven by strength in the company’s consumables business and services however petco’s supplies and companion animal business was down 76 compared with the prior year’s quarter analysts surveyed by factset were looking for revenue of 1499 billion samestore sales grew 51 above the factset consensus of 11 “we continue to execute on our strategy amidst the current environment delivering our 18th consecutive quarter of comp sales growth in the first quarter driven by the ongoing strength in consumables and record performance in our services business” said petco ceo ron coughlin in a statement the company reaffirmed its fiscal 2023 guidance of revenue between 6150 billion and 6275 billion and adjusted earnings of 40 cents to 48 cents a share analysts surveyed by factset are looking for revenue of 6246 billion and adjusted earnings of 43 cents a share