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Petsmart Inc

PetSmart, Inc. is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol "PETM." The company is a leading retailer of pet supplies and services in the United States, offering a range of products and services for pets, including food, toys, grooming, and boarding.

Here are some key points about PetSmart, Inc.:

1. Company History: PetSmart was founded in 1986 and has since grown to become one of the largest pet supply retailers in the United States. In 2015, the company was acquired by BC Partners, a private equity firm, and taken private. In 2020, the company was sold to the private equity firm, Apollo Global Management.

2. Financials: PetSmart's net sales for the fiscal year ending February 1, 23020 were $6.1 billion, with a net income of $144.3 million. The company's stock price has been affected by the COVID-19 pandemic, with a significant decline in sales in 2020. However, the company has seen a gradual recovery in sales in recent quarters.

3. Business Operations: PetSmart operates over 1,600 stores across the United States, Canada, and Puerto Rico. The company offers a wide range of pet supplies, including pet food, toys, grooming products, and pet apparel. PetSmart also offers pet services, such as dog training, pet grooming, and veterinary services.

4. Competition: PetSmart faces competition from other pet supply retailers, such as Petco Animal Supplies, as well as online retailers such as Amazon and Chewy.com. In recent years, PetSmart has focused on improving its e-commerce capabilities and expanding its online presence.

5. Growth Strategy: PetSmart has focused on expanding its store base, improving its e-commerce capabilities, and introducing new product lines and services. The company has also explored new markets, such as the veterinary services market, with the acquisition of a veterinary services company, Vetco.

Overall, PetSmart, Inc. is a leading retailer of pet supplies and services in the United States, with a strong brick-and-mortar store presence and an expanding e-commerce platform. While the company has faced challenges in recent years, it has shown resilience and adaptability in a rapidly changing retail landscape.