Seeking Alpha

PETM
PetSmart, Inc

5/26/2012, 5:42 PM ET
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PETM Market Currents more »
  • Wednesday 8:02 AM Analysts are out with calls on PetSmart (PETM) after the company smashes through estimates with its Q1 report and raises full year guidance. RW Baird lifts its price target to $62 from $57, while RBC Capital aims even higher with a $69 PT. Shares +9.7% premarket. [Consumer, On the Move]
  • Tuesday 4:47 PM More on PetSmart (PETM): Q1 beats estimates on a 9.4% Y/Y jump in total revenue. Comp store sales grew 7.4%, benefiting from comparable transactions growth of 3.3%. Services sales grew 8.3% to $181 million. The company also raises its 2012 EPS outlook to a range of $3.19 to $3.31 versus $3.02 to $3.16. Shares of PetSmart jumped 7% to $59.49 in after hours. Shares +8% AH. [Earnings, On the Move]
  • Tuesday 4:12 PM PetSmart (PETM): Q1 EPS of $0.85 beats by $0.12. Revenue of $1.63B (+9.4% Y/Y) beats by $30M. Shares +7.1% AH. (PR) [Earnings, On the Move]
  • Tuesday 12:10 AM Notable earnings after Tuesday's close: ADI, AVGO, CPWR, DELL, GES, PETM, PSS, QIHU, STV, TTWO [Earnings]
  • Monday 5:35 PM Notable earnings after Tuesday's close: ADI, AVGO, CPWR, DELL, GES, PETM, PSS, QIHU, STV, TTWO [Earnings]
PETM Instablog posts more »
  • Barchart Morning Call 5/22
    Tue, May 22 Jim Van Meerten Comment!
  • Best Yields With Ex-Dividend Day April 23 - 29, 2012
    Sat, Apr 21 Dividend Sheet Comment!
  • Barchart Morning Call 2/29
    Wed, Feb 29 Jim Van Meerten Comment!
  • PetMed Deserves More Respect
    Mon, Jan 30 Rob Luther Comment!
  • Patience is a Virtue
    Mon, Jan 30 Rob Luther Comment!
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Company Description

PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. The company operates more than 1,149 pet stores in the United States and Canada, 162 in-store PetSmart PetsHotel(R) cat and dog boarding facilities, and is a leading online provider of... More