PetSmart total sales growth of 3.4 per cent
Mar 10, 2010
PetSmart has reported financial results for the fourth quarter and fiscal year 2009. For the quarter, the company delivered earnings per share of $0.61 and comparable store sales growth of 1.5 per cent. Total sales for the quarter were $1.41 billion, up 3.4 per cent, including a favourable impact from foreign currency fluctuations of $10.0 million. Services sales, which are included in total sales, increased 8.3 percent to $141.6 million. For the year, the company delivered earnings per share of $1.59 compared to $1.52 last year. Total sales were $5.34 billion, up 5.4 per cent, including an unfavourable impact from foreign currency fluctuations of $8.3 million. Comparable store sales grew 1.6 percent and services sales increased 9.2 percent to $575 million.
