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Benzinga
Benzinga
Business
Henry Khederian

Petco Stock (WOOF) Soars On Surprise Q2 Profit

Petco WOOF Petco Health and Wellness
Petco store

Shares of Petco Health and Wellness Company Inc (NASDAQ:WOOF) are trading higher Friday morning after the company posted a surprise second-quarter profit that overshadowed a slight miss on revenue. The strong bottom-line results prompted the company to raise its full-year earnings outlook.

What To Know: After the market closed on Thursday, the pet wellness retailer reported earnings of 5 cents per share for the second quarter. This result beat the consensus analyst estimate, of a loss of 1 cent per share.

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