PetSmart
NASDAQ symbol PETM, is North America's largest supplier of pet foods, supplies and services.
Lower consumer confidence and higher gas prices are cutting U.S. store traffic. So, successful retailers will need to have a well-established niche and quality name-brand merchandise to attract customers.
We also think it’s important, when investing in stocks in the retail industry, to focus on chains that can adapt quickly and prosper in the ever-changing economic landscape.
In the latest issue …read more »
PETSMART INC. $41 (Nasdaq symbol PETM; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 113.4 million; Market cap: $4.6 billion; Price-to-sales ratio: 0.8; Dividend yield: 1.4%; TSINetwork Rating: Above Average; www.petsmart.com) is the biggest pet-supply chain in the U.S. In all, it operates 1,197 pet stores in the U.S. and Canada. It also has 185 in-store PetsHotels, which look after pets …read more »
PetSmart Inc., Nasdaq symbol PETM, operates 1,192 pet stores in the U.S. and Canada. It also has 184 in-store PetsHotel dog and cat boarding facilities.
PetSmart is one of the stocks we analyze in Wall Street Stock Forecaster, our newsletter for U.S.A. stock market investing.
In its 2012 first quarter, which ended May 1, 2011, PetSmart’s earnings rose 27.5%, to $70.9 …read more »
WESTERN UNION CO. $19 (New York symbol WU; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 655.9 million; Market cap: $12.5 billion; Price-to-sales ratio: 2.5; Dividend yield: 1.5%; TSINetwork Rating: Above Average; www.westernunion.com) provides money-transfer and foreign-exchange services in over 200 countries.
Demand for money transfers continues to rise as the global economy recovers. As a result, Western Union’s cash flow should …read more »
BROADRIDGE FINANCIAL SOLUTIONS INC. $20 (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 126.7 million; Market cap: $2.5 billion; Price-to-sales ratio: 1.2; Dividend yield: 3.0%; WSSF Rating: Average) has purchased privately held NewRiver Inc., which specializes in electronic forms that make it easier for financial companies to submit data to the Securities and Exchange Commission and other …read more »
ARCHER DANIELS MIDLAND CO. $27 (New York symbol ADM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 643.1 million; Market cap: $17.4 billion; Price-to-sales ratio: 0.3; Dividend yield: 2.2%; WSSF Rating: Above Average) earned $421 million, or $0.65 a share, in its third quarter, which ended March 31, 2010.
That’s a big gain over the $3 million, or nil per …read more »
PETSMART INC. $32 (Nasdaq symbol PETM; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 123.6 million; Market cap: $4.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.3%; WSSF Rating: Above Average) is the biggest pet supply chain in the U.S. It operates 1,149 pet stores in the U.S. and Canada. It also has 162 in-store PetHotels, which look after pets while their …read more »
The retailing industry is fiercely competitive. But leading retailers like Wal-Mart and PetSmart have special advantages that give them an edge.
For example, Wal-Mart’s huge size lets it extract low prices from suppliers all over the world.
PetSmart is much smaller that Wal-Mart, so it doesn’t have the same sway over its suppliers. However, PetSmart’s focus on high-quality products and specialized services …read more »
PETSMART INC. $22 (Nasdaq symbol PETM; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 125 million; Market cap: $2.8 billion; Price-to-sales ratio: 0.5; WSSF Rating: Above Average) sells pet food and supplies through 1,145 stores in the U.S. and Canada. It also provides veterinary and grooming services, and boards pets at its 156 PetHotels.
In PetSmart’s second quarter, which ended August 2, …read more »
The American Pet Products Association estimates that spending on pets will rise 5% this year, despite the economic slowdown. As well, over 60% of U.S. households now own a pet, and this number is expected to rise. These trends should continue to help these two pet-focused stocks.
IDEXX LABORATORIES INC. $52 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; …read more »
