Petsmart 2007 Annual Report Download - page 2

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Financial Highlights
2007 2006 2005
(in thousands, except margins and per-share amounts)
Total Results
Net Sales $ 4,672,656 $4,233,857 $ 3,760,499
Gross Margin 30.7% 30.9% 31.2%
Net Income $ 258,684 $ 185,069 $ 182,490
Earnings Per Share $ 1.95 $ 1.33 $ 1.25
Operating Cash Flow $ 332,716 $ 289,291 $ 339,946
Services Sales $ 458,745 $ 375,993 $ 298,828
Other Highlights
Total Stores 1,008
Total Employees 43,177
Total 2007 in-store Pet Adoptions 395,439
Total in-store Pet Adoptions since 1994 3,261,349
PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. The company operates more
than 1,000 pet stores in the United States and Canada, a growing number of in-store PetSmart PetsHotel® cat and dog boarding
facilities, and is a leading online provider of pet supplies and pet care information (www.petsmart.com). PetSmart provides a broad
range of competitively priced pet food and pet products; and offers complete pet training, pet grooming, pet boarding, doggie day
camp and pet adoption services. Since 1994, PetSmart Charities, Inc., an independent 501(c)(3) non-profit animal welfare organization,
has funded more than $70 million in grants and programs benefiting animal welfare organizations and, through its in-store pet adoption
programs, has helped save the lives of more than 3 million pets.