PetSmart, the largest U.S. specialty pet retailer posted a higher profit that beat Wall Street estimates on Wednesday amid a slowing economy that is taking a bite out of consumer spending.
Wednesday, 19 Nov 2008 | Source: The Associated Press
Pet supplies retailer PetSmart Inc. on Wednesday guided for fourth-quarter earnings within range of analysts' estimates, and said it will cut capital spending next year.
Thursday, 20 Nov 2008 | Source: The Associated Press
Despite reporting "solid" third-quarter results, PetSmart Inc. could see upcoming results falter if consumers begin trading down to discounters to buy pet necessities such as pet food, an analyst said Thursday.