PetSmart Reports Q4 EPS of $0.77 vs. $0.74

PetSmart, Inc. PETM today reported financial results for the fourth quarter. For the quarter, earnings per share were up 26% to $0.77. Comparable store sales, or sales in stores open at least a year, grew 6.3%, benefitting from comparable transactions growth of 4.4%. Total sales for the quarter were up 8.1% to $1.5 billion, partially impacted by $4 million in favorable foreign currency fluctuations. Services sales, which are included in total sales, grew 7.2% to $152 million.