Petsmart Company Profile
Petsmart Inc. was founded in 1986 and is headquartered in Phoenix, Arizona. PetSmart is a provider of products, services and solutions for the needs of pets. It offers multiple lines of products for all the life phases of pets, and offers various pet services including: training, boarding day camp, and professional grooming. It also offers pet products through an e-commerce site, PetSmart. com, and operates a pet community site, pets. com. PetSmart also offers reptiles, fresh-water tropical fish, small pets, and birds.
In addition, it provides pet services consisting of baths, teeth cleaning, grooming, toenail trimming, training, boarding, and day camp. According to Yahoo Finance, the company operates hospitals that offer boarding for dogs and cats, an on-call veterinarian, temperature controlled rooms and suites, daily specialty treats and play time, and day camp for dogs. The company does not sell dogs or cats, but provides space in most stores for adoption and animal welfare organizations to use.
It features dog and cat foods, many of which are not available in supermarkets, warehouse clubs or other mass and general retail merchandisers, and also its proprietorship label foods According to Reuters, the company’s stores range in size from 18,000 to 27,000 square feet. It offers more than 10,000 items, including brand names, as well as a selection of its own brands across a wide range categories. PetSmart veterinary services consist of routine examinations and vaccinations, dental care, a pharmacy, as well as routine and complex surgical procedures.
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As of May 3, 2009, it operated 1,137 retail stores and 152 PetsHotels. Full-service veterinary hospitals in 734 of the company’s stores offer routine examinations and vaccinations, dental care, a pharmacy, and routine and complex surgical procedures. Medical Management International, Inc. operates 722 of these hospitals. PetSmart’s merchandise sales represented approximately 89. 6% of its net sales during the fiscal year ended February 1, 2009 (fiscal 2008). Merchandise generally falls into three main categories: hard-goods, consumables, and pets. Consumables merchandise sales includes pet food, treats, and litter.
This categories sales comprised of 57% of its net sales in fiscal 2008. Pet services, which include grooming, training, boarding and day camp, represented 10. 4% of the company’s net sales in fiscal 2008. References _PETM: Summary for PetSmart, Inc- Yahoo! Finance. (n. d. ). Yahoo! Finance - Business Finance, Stock Market, Quotes, News. Retrieved March 5, 2010, from http://finance. yahoo. com/q? s=PETM_ _Reuters. com. (n. d. ). Business & Financial News, Breaking US & International News | Reuters. com. Retrieved March 5, 2010, from http://www. reuters. com/finance/stocks/companyProfile? symbol=PETM. O_
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