{
 "company": "Petco Health and Wellness Company, Inc.",
 "ticker": "WOOF",
 "sector": "Specialty Retail",
 "fiscalYearEnd": null,
 "revenueUsdM": 5961.5,
 "normalizedSga": {
  "pctRevenue": 34.0,
  "peerCount": 21,
  "peerMedianPctRevenue": 23.3,
  "peerLeanQuartilePctRevenue": 20.9,
  "peers": [
   {
    "ticker": "TSCO",
    "name": "Tractor Supply Company",
    "normalizedSgaPctRevenue": 23.1
   },
   {
    "ticker": "RH",
    "name": "Rh",
    "normalizedSgaPctRevenue": 125.86
   },
   {
    "ticker": "ASO",
    "name": "Academy Sports and Outdoors, Inc.",
    "normalizedSgaPctRevenue": 23.52
   },
   {
    "ticker": "CHWY",
    "name": "Chewy, Inc.",
    "normalizedSgaPctRevenue": 21.23
   },
   {
    "ticker": "HZO",
    "name": "MarineMax, Inc.",
    "normalizedSgaPctRevenue": 26.35
   },
   {
    "ticker": "SBH",
    "name": "Sally Beauty Holdings, Inc.",
    "normalizedSgaPctRevenue": 40.98
   },
   {
    "ticker": "ORLY",
    "name": "O'Reilly Automotive, Inc.",
    "normalizedSgaPctRevenue": 31.62
   },
   {
    "ticker": "AZO",
    "name": "AutoZone, Inc.",
    "normalizedSgaPctRevenue": 32.98
   },
   {
    "ticker": "GPC",
    "name": "Genuine Parts Company",
    "normalizedSgaPctRevenue": 28.46
   },
   {
    "ticker": "DKS",
    "name": "DICK'S Sporting Goods, Inc.",
    "normalizedSgaPctRevenue": 21.48
   },
   {
    "ticker": "WSM",
    "name": "Williams-Sonoma, Inc.",
    "normalizedSgaPctRevenue": 20.94
   },
   {
    "ticker": "MUSA",
    "name": "Murphy USA Inc.",
    "normalizedSgaPctRevenue": 1.08
   },
   {
    "ticker": "GME",
    "name": "GameStop Corp.",
    "normalizedSgaPctRevenue": 24.69
   },
   {
    "ticker": "HD",
    "name": "The Home Depot, Inc.",
    "normalizedSgaPctRevenue": 17.85
   },
   {
    "ticker": "LOW",
    "name": "Lowe's Companies, Inc.",
    "normalizedSgaPctRevenue": 18.33
   },
   {
    "ticker": "EYE",
    "name": "National Vision Holdings, Inc.",
    "normalizedSgaPctRevenue": 44.15
   },
   {
    "ticker": "BOOT",
    "name": "Boot Barn Holdings, Inc.",
    "normalizedSgaPctRevenue": 22.02
   },
   {
    "ticker": "ULTA",
    "name": "Ulta Beauty, Inc.",
    "normalizedSgaPctRevenue": 22.64
   },
   {
    "ticker": "BBY",
    "name": "Best Buy Co., Inc.",
    "normalizedSgaPctRevenue": 16.22
   },
   {
    "ticker": "ARHS",
    "name": "Arhaus, Inc.",
    "normalizedSgaPctRevenue": 29.13
   }
  ],
  "definition": "Reported SG&A less the disclosed lines that distort comparison: advertising, R&D, pension, stock-based compensation, restructuring and one-time items, plus logistics reclassed where filers park it in SG&A."
 },
 "disclosedLines": [
  {
   "key": "advertising",
   "label": "Advertising",
   "pctRevenue": 2.65,
   "companiesDisclosing": 20,
   "peersDisclosing": [
    {
     "ticker": "TSCO",
     "pctRevenue": 0.69
    },
    {
     "ticker": "RH",
     "pctRevenue": 13.05
    },
    {
     "ticker": "ASO",
     "pctRevenue": 2.81
    },
    {
     "ticker": "CHWY",
     "pctRevenue": 6.55
    },
    {
     "ticker": "HZO",
     "pctRevenue": 1.67
    },
    {
     "ticker": "SBH",
     "pctRevenue": 1.78
    },
    {
     "ticker": "ORLY",
     "pctRevenue": 0.51
    },
    {
     "ticker": "AZO",
     "pctRevenue": 0.58
    },
    {
     "ticker": "GPC",
     "pctRevenue": 0.97
    },
    {
     "ticker": "DKS",
     "pctRevenue": 3.72
    },
    {
     "ticker": "WSM",
     "pctRevenue": 7.08
    },
    {
     "ticker": "GME",
     "pctRevenue": 0.38
    },
    {
     "ticker": "HD",
     "pctRevenue": 0.79
    },
    {
     "ticker": "LOW",
     "pctRevenue": 1.13
    },
    {
     "ticker": "EYE",
     "pctRevenue": 6.98
    },
    {
     "ticker": "BOOT",
     "pctRevenue": 2.79
    },
    {
     "ticker": "ULTA",
     "pctRevenue": 3.96
    },
    {
     "ticker": "BBY",
     "pctRevenue": 2.07
    },
    {
     "ticker": "ARHS",
     "pctRevenue": 3.31
    }
   ],
   "note": "Brand spend is not the overhead question here."
  },
  {
   "key": "stock_comp",
   "label": "Stock-based comp",
   "pctRevenue": 0.55,
   "companiesDisclosing": 19,
   "peersDisclosing": [
    {
     "ticker": "TSCO",
     "pctRevenue": 0.37
    },
    {
     "ticker": "RH",
     "pctRevenue": 5.4
    },
    {
     "ticker": "ASO",
     "pctRevenue": 0.35
    },
    {
     "ticker": "CHWY",
     "pctRevenue": 2.36
    },
    {
     "ticker": "HZO",
     "pctRevenue": 0.84
    },
    {
     "ticker": "SBH",
     "pctRevenue": 0.52
    },
    {
     "ticker": "ORLY",
     "pctRevenue": 0.2
    },
    {
     "ticker": "GPC",
     "pctRevenue": 0.2
    },
    {
     "ticker": "DKS",
     "pctRevenue": 0.72
    },
    {
     "ticker": "WSM",
     "pctRevenue": 1.36
    },
    {
     "ticker": "GME",
     "pctRevenue": 0.74
    },
    {
     "ticker": "HD",
     "pctRevenue": 0.32
    },
    {
     "ticker": "LOW",
     "pctRevenue": 0.29
    },
    {
     "ticker": "EYE",
     "pctRevenue": 1.19
    },
    {
     "ticker": "BOOT",
     "pctRevenue": 0.71
    },
    {
     "ticker": "ULTA",
     "pctRevenue": 0.3
    },
    {
     "ticker": "BBY",
     "pctRevenue": 0.33
    },
    {
     "ticker": "ARHS",
     "pctRevenue": 0.67
    }
   ],
   "note": "Right at the peer median. Not distorting the overhead picture."
  },
  {
   "key": "restructuring",
   "label": "Restructuring",
   "pctRevenue": 0.0,
   "companiesDisclosing": 21,
   "peersDisclosing": [
    {
     "ticker": "TSCO",
     "pctRevenue": 0.0
    },
    {
     "ticker": "RH",
     "pctRevenue": 0.15
    },
    {
     "ticker": "ASO",
     "pctRevenue": 0.0
    },
    {
     "ticker": "CHWY",
     "pctRevenue": 0.0
    },
    {
     "ticker": "HZO",
     "pctRevenue": 0.0
    },
    {
     "ticker": "SBH",
     "pctRevenue": 0.0
    },
    {
     "ticker": "ORLY",
     "pctRevenue": 0.0
    },
    {
     "ticker": "AZO",
     "pctRevenue": 0.0
    },
    {
     "ticker": "GPC",
     "pctRevenue": 1.05
    },
    {
     "ticker": "DKS",
     "pctRevenue": 0.0
    },
    {
     "ticker": "WSM",
     "pctRevenue": 0.0
    },
    {
     "ticker": "MUSA",
     "pctRevenue": 0.06
    },
    {
     "ticker": "GME",
     "pctRevenue": 0.0
    },
    {
     "ticker": "HD",
     "pctRevenue": 0.0
    },
    {
     "ticker": "LOW",
     "pctRevenue": 0.0
    },
    {
     "ticker": "EYE",
     "pctRevenue": 0.0
    },
    {
     "ticker": "BOOT",
     "pctRevenue": 0.0
    },
    {
     "ticker": "ULTA",
     "pctRevenue": 0.0
    },
    {
     "ticker": "BBY",
     "pctRevenue": 0.46
    },
    {
     "ticker": "ARHS",
     "pctRevenue": 0.0
    }
   ],
   "note": "No filed restructuring charges for the latest fiscal year; runs in line with the typical peer, counted wherever they sit on the P&L; one-time charges are stripped from the Exhibit 2 number either way."
  }
 ],
 "gapToPeers": {
  "toPeerMedian": {
   "usdM": 625,
   "bps": 1048
  },
  "toLeanQuartile": {
   "usdM": 761,
   "bps": 1277
  }
 },
 "tsrBridge": [
  {
   "label": "3 years",
   "span": "FY2022 to FY2025",
   "companyTsrPct": -77,
   "peerTsrPct": 32,
   "driverPp": {
    "Revenue growth": -10,
    "Gross margin": -28.5,
    "SG&A": 25.4,
    "Multiple": -106.3,
    "Other": 10.3
   }
  },
  {
   "label": "5 years",
   "span": "FY2020 to FY2025",
   "companyTsrPct": -90,
   "peerTsrPct": 141,
   "driverPp": {
    "Revenue growth": -22,
    "Gross margin": -131,
    "SG&A": 95.1,
    "Multiple": -161.8,
    "Other": -10.9
   }
  }
 ],
 "recentQuarter": null,
 "sources": [
  "10-K and 10-Q filings (US GAAP)",
  "XBRL company facts",
  "earnings releases"
 ],
 "urls": {
  "briefing": "https://sgabenchmarking.com/r/WOOF",
  "json": "https://sgabenchmarking.com/r/WOOF.json",
  "industryBenchmarks": "https://sgabenchmarking.com/catalog.json"
 },
 "publisher": "SG&A Benchmarking, https://sgabenchmarking.com"
}
