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PetSmart, Inc. Message Board

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  • not_a_short not_a_short Aug 25, 2000 10:44 PM Flag

    Over all a good week. Next week we will

    I feel sorry for anyone inexperienced enough to
    follow your lead. To say the PETM is "on track" is
    particulary hard to take. They reported the weakest sales
    that I can remember (and probably the weakest in their
    existance), and you call it a "good report". They reported a
    loss and you call it a "good report"

    You really
    should not be giving advice.


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    • Ok, I'll humor you and respond. No, better yet,
      I'll just cut and paste some of the report from
      yesterday. Have a trusted friend or family member read it to

      PHOENIX--(BUSINESS WIRE)--Aug. 24,
      2000--Second Quarter Operating Income Increases 21 Percent
      Over Last Year

      PETsMART, Inc., today announced
      financial results for its second fiscal quarter, the
      thirteen weeks ended July 30, 2000, and for fiscal 2000
      year to date.

      Net sales for the second quarter
      were $538.6 million, an increase of 4.5 percent over
      the $515.6 million reported for the same period last

      The Company reported second quarter net
      income of $6.5 million or $0.06 per share, excluding the
      equity loss in During the quarter, the
      Company recorded an extraordinary after-tax gain of $1.2
      million or $0.01 per share from the early retirement of