I does mean it's on the way out. Pitting is where there are recessed areas in the bearings or cones (the smooth surfaces the bearings roll on). They are usually small but mean that bearings can't run smoothly and it will damage the bearings and/or cones further. They said the hubs are putte so I assume they mean the cones not the bearings. You cam replace bearings but not cones.
I does mean it's on the way out. Pitting is where there are recessed areas in the bearings or cones (the smooth surfaces the bearings roll on). They are usually small but mean that bearings can't run smoothly and it will damage the bearings and/or cones further. They said the hubs are putte so I assume they mean the cones not the bearings. You cam replace bearings but not cones.