Petco reported strong Q2 earnings surpassing estimates, boosting investor confidence. The company posted a profit of five cents per share, beating the expected loss. Revenue was 1.48 billion dollars, slightly below projections but with a notable gross profit margin increase to 39.3 percent. Operating income jumped to 43 million dollars, driven by improved efficiencies. CEO Joel Anderson highlighted a solid foundation for future growth and raised the full-year earnings outlook. Shares surged nearly 18% after hours, reflecting positive market sentiment.