BNET Industries
Market Cap:$3.3B
Last Fiscal Year Sales:$4.6B
- Public
- US
Dow Jones Description
During 2008, we generated net sales of $5.1 billion, making us North Americas leading specialty provider of products, services and solutions for the lifetime needs of pets. We have identified a large group of pet owners we call pet parents, who are passionately committed to their pets and consider their pets members of the family. Our strategy is to attract and keep these customers by becoming the preferred provider for the Total Lifetime Care sm of pets. As part of this strategy, we focus on delighting our customers, operating our business efficiently, and growing our pet services business. We opened 104 net new stores in 2008 and at the end of the year operated 1,112 retail stores in North America. Square footage in 2008 increased 2.3 million to 25.1 million compared to 22.8 million in 2007. Our stores typically range in size from 18,000 to 27,500 square feet and carry a broad and deep selection of high-quality pet supplies at everyday low prices. We offer more than 10,500 distinct items, including nationally recognized brand names, as well as an extensive selection of proprietary, or private label, brands across a range of product categories. We complement our strong product assortment with value-added pet services, including grooming, training, boarding and day camp. All our stores offer complete pet training services and virtually all our stores feature pet styling salons that provide high-quality grooming services. ...
Number of Employees 22,000
Peer Companies
NAICS Code Pet and Pet Supplies Stores: 453910
Recent Events
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PetSmart sets quarterly dividend of 10 cents
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PetSmart promotes supply chain exec
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Analyst Upgrades for November 20th
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Upbeat Outlook For Pet Food And Sexy Undies
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Disney Gains; Retailers Split
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US Stocks End Higher With Disney, J.C. Penney Gaining
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Stocks Moving Higher Despite Disappointing Consumer Sentiment Reading - U.S. Commentary
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Find a friend: Humane society works with PetSmart on pet adoptions
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Petsmart recall expands to include 12 more dog treats
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STARS AND DOGS
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PetSmart Declares Quarterly Cash Dividend
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Stocks Lower On Econ Data
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Upgrades & Downgrades: Dell's Not So Swell
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Pethealth Signs Licensing Agreement with PetSmart Charities
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David Moenning's Daily State of the Markets: Is Less Oil Really A Good Thing?
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Talked Up by CEO, AIG Climbs by 21%
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PetSmart Names Emily Dickinson SVP, General Counsel, Secretary - Quick Facts
News & Analysis
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petsmart and retail - All News and Analysis
Cramer: PetSmart Not Threatened by Wal-Mart
Ockham Research submits: “I was worried about Walmart WMT coming into that [PetSmart] business, just the way people were worried Walmart would come into Best Buy’s BBY. I was too, too, nervous. It looks to me, I got it wrong…Walmart did not even lay a glove on them.”...
Earnings Preview: PetSmart
PetSmart PETM is expected to report Q3 earnings after the market close on Wednesday, November 18 with a conference call scheduled for 4:30 pm ET. Guidance Analysts are looking for a profit of 28c on revenue of $1.28B. The consensus range is 22c-29c for EPS, and...
Petsmart: Dogged Profits from a Growing Sector
Wade Slome submits: Oh, I’m sure you’ve seen them – those nauseating people that willingly accept facial tongue baths from their pets and dress them up in ridiculous costumes. Hey, wait a second… I guess I’m one of those annoying...
PetSmart Learns a New Trick
Ockham Research submits: PetSmart PETM made good use of their annual Analyst Day this year, as they raised guidance for the third quarter and the full year. For the current quarter, PetSmart raised their EPS guidance to $.25 to $.29; this would easily outpace consensus estimates of $.22....
PetSmart F2Q09 (Qtr End 8/2/09) Earnings Call Transcript
PetSmart, Inc. PETM F2Q09 Earnings Call August 19, 2009 4:30 pm ET
Earnings Preview: PetSmart
PetSmart PETM is expected to report Q2 earnings after the market close on Wednesday, August 19 with a conference call scheduled for 4:30 pm ET. Guidance Analysts are looking for a profit of 29c on revenue of $1.32B. The consensus range is 28c-31c for EPS, and revenue of $1.3B-$1.34B,...
Trading PetSmart for TJX Companies
Robert Freedland submits: Before I write about the 'swap' I made with PetSmart PETM and TJX TJX, I want to talk to you a little about "chasing performance". There is a good article on attempting to improve results by chasing after the best and latest hot stock...
PetSmart: Giving Shareholders Treats
Ockham Research submits: PetSmart PETM impressively raised their quarterly dividend from 3 cents to 10 cents, effective for their fiscal second quarter ending July. The substantial increase brings the yield on the stock up to about 2%, the board was able to return more earnings to shareholders because...
PetSmart: Cause for Optimism
Shares of the company sold significantly Friday. However, according to estimates by the American Pet Products Association, spending on pets will remain strong despite our current recession. The agency estimates that in 2009 close to $45 billion on pets will be spent; this figure is a 5.1% increase...
PetSmart: Buying When Others Are Selling
Robert Freedland submits: PetSmart PETM is currently one of my six holdings in my 'trading portfolio'. Up until Thursday I owned 90 shares of PetSmart that I purchased back on November 20, 2008, at a cost basis of $15.50. PETM closed at $20.35 Thursday, down $1.95...
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PetSmart
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