Petco Pounces Back: Surprise Profit Sends Stock Soaring

Petco Pounces Back! Shares surged 17% after the pet supply retailer defied expectations with a surprise Q2 profit of five cents per share, despite slightly lower revenue and store closures. Fueled by operational improvements and engaging in-store events, Petco raised its financial outlook, signaling confidence in its ongoing turnaround and delighting investors. Hosted on Acast. See acast.com/privacy for more information.