Petsmart, Inc. (PETM) Tops Q2 EPS by 6c; Comps Up 7%; Boosts FY12 EPS Outlook

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Petsmart, Inc. (NASDAQ: PETM) reported Q2 EPS of $0.71, $0.06 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $1.6 billion.

Comparable store sales, or sales in stores open at least a year, grew 7.0%.

Petsmart, Inc. sees FY2012 EPS of $3.30-3.40, versus prior guidance of $3.19-3.31 and the consensus of $3.30.

Petsmart, Inc. sees Q3 2012 EPS of $0.59-0.63, versus the consensus of $0.61.

For earnings history and earnings-related data on Petsmart, Inc. (PETM) click here.

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