PetSmart's Income Comes In Ahead Of Views; Shares Up

PetSmart Inc. said Tuesday that third-quarter net income was $92.2 million, or 92 cents a share, up from the $92.2 million, or 88 cents a share, for the same period a year ago. Reporting after the close, the Phoenix-based pet retailer said sales were $1.74 billion against last year's $1.7 billion. Adjusted net income was $1.02, ahead of the 94-cent projection from analysts polled by FactSet. Shares ended Tuesday trading up a penny to $73.62. The stock was up in after-hours trading to $74.50.

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