Petco shares jump after Q2 earnings beat lifts demand optimism
Petco (WOOF) shares rose 7.2% in the afternoon session after its second-quarter earnings release exceeded Wall Street expectations, backed by resilient pet-care demand and debt reduction efforts.
What Happened? Shares of pet-focused retailer Petco NASDAQ:WOOFjumped 7.2% in the afternoon session after investors continued to bid up the stock due to a second-quarter earnings release that exceeded Wall Street expectations, supported by resilient pet-care demand and debt reduction efforts.
Accor…