Petsmart 2002 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2002 Petsmart annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 85

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85

INDEPENDENT AUDITORS' REPORT
Board of Directors and Stockholders
PETsMART, Inc.
Phoenix, Arizona
We have audited the consolidated Ñnancial statements of PETsMART, Inc. and subsidiaries (the
""Company'') as of February 2, 2003 and February 3, 2002 and for each of the three Ñscal years in the period
ended February 2, 2003, and have issued our report thereon dated March 4, 2003, (which report expresses an
unqualiÑed opinion and includes an explanatory paragraph concerning the adoption of a new accounting
principle in Ñscal 2002); such consolidated Ñnancial statements and report are included elsewhere in this
Form 10-K. Our audits also included the consolidated Ñnancial statement schedule of the Company, listed in
Item 15(a)(2). This consolidated Ñnancial statement schedule is the responsibility of the Company's
management. Our responsibility is to express an opinion based on our audits. In our opinion, such consolidated
Ñnancial statement schedule, when considered in relation to the basic consolidated Ñnancial statements taken
as a whole, presents fairly in all material respects the information set forth therein.
D
ELOITTE
& T
OUCHE
LLP
Phoenix, Arizona
March 4, 2003
F-32