PetSmart smacked by soft guidance

|By:, SA News Editor

PetSmart (PETM) falls in early trading after missing estimates with its FQ1 report and issuing guidance for "relatively flat" same-store sales for the fiscal year.

The company sees FY14 EPS of $4.29-$4.39 vs. $4.45 consensus.

PETM -6.6% premarket