PetSmart Inc. (PETM) reported first quarter net income of $0.98 per share after the close Wednesday, up from $0.85 per share in the previous year. The consensus estimate was for EPS of $0.96. The company expects to report second quarter EPS of $0.82 to $0.86 and between $3.82 and $3.94 for the full year 2013. The consensus estimates are for EPS of $0.85 and $3.91. The stock is now up 2.54 on 114K shares.
PetSmart declined during the early portion of the afternoon Wednesday and finished down by 0.74 at $69.06. The stock closed near the lower end of a 2-week range.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.