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Competition takes a bite out of PetSmart’s Q1 same-store sales | Retailing Today

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in May
May 21, 2014 | By Vivian Lee

Despite posting a net sales increase for the first quarter of fiscal 2014, PetSmart’s comparable-store sales missed expectations thanks in part, according to president and CEO David Lenhardt, to a challenging and volatile consumer environment and a competitive market. The company has updated its guidance for the full year as a result.

http://www.retailingtoday.com/article/competition-takes-bite-out-petsmart%E2%80%99s-q1-same-store-sales?ad=news
 

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