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Petsmart, Inc. (PETM) Tops Q2 EPS by 3c; Boosts FY13 EPS Outlook

August 21, 2013 9:08 AM EDT
Petsmart, Inc. (NASDAQ: PETM) reported Q2 EPS of $0.89, $0.03 better than the analyst estimate of $0.86. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.71 billion.

Comparable store sales, or sales in stores open at least a year, grew 3.4%, benefitting from comparable transactions growth of 1.0%.

Sees FY2013 EPS of $3.88-$3.98, versus prior guidance of $3.82-$3.94 and the consensus of $3.95. Sees comps up 3 - 4 percent.

Sees Q3 2013 EPS of $0.83-$0.87, versus the consensus of $0.87. Sees comps up 3 - 4 percent.

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


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