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PetSmart, Inc. Message Board

  • doowop432000 doowop432000 Feb 19, 2006 12:57 PM Flag

    My Thoughts on PetSmart

    There has been a few posters who have
    posted their observations on some of
    their local PETM stores and have reported
    those stores were having a lot of activity
    and the lines at the registers were pretty
    well active.

    In the fall I had posted that PETM has in
    deed corrected the slow down in their
    growth and you'll see the company bounce
    back in '06.

    Adjustments to the tax changes and health-
    care and cutting some white collar positions
    and remaining on target with new store
    openings, and the weather accross the
    country being relatively favorable leads
    me to believe that the 4th Q will come in
    above estimates.

    Also coming off the super bowl of dog shows
    the Westminster seems to provide a spike in
    business for this sector...........



    The 1st Q observations are suggesting that
    the follow through is taking place going
    into the new year as I have predicted as
    some advisory services & ANALyst have also
    suggested.

    Earnings are due shortly around the first
    week in March.....Time will tell, lets see
    what management has to say with any forward
    guidance.


    DooWop

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