Petsmart 2006 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2006 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 89

  • 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
  • 86
  • 87
  • 88
  • 89

2006 2005 2004
(in thousands, except margins and per-share amounts)
Total Results
Net Sales $4,233,857 $3,760,499 $3,363,452
Gross Margin 30.9% 31.2% 30.9%
Net Income $ 185,069 $ 182,490 $ 157,453
Earnings Per Share $ 1.33 $ 1.25 $ 1.05
Operating Cash Flow $ 289,291 $ 339,946 $ 256,134
Services Sales $ 375,993 $ 298,862 $ 240,684
Other Highlights
Total Stores 908
Total Employees 38,400
Total 2006 In-store Pet Adoptions 378,028
Total In-store Pet Adoptions Since 1994 2,865,910
Financial Highlights
PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. The company operates more than
908 pet stores in the United States and Canada, a growing number of in-store 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 donated more than $42 million to animal welfare programs
and, through its in-store pet adoption programs, has saved the lives of more than 2.8 million pets.