Earnings

The company reported net income of $132.1 million, or $1.32 per share, up from $131.5 million, or $1.28 per share, last year. Excluding special items, earnings were $1.43 per share – above analysts’ view of $1.43 per share.

Revenue
Sales rose 6% to $1.91 billion from $1.8 billion last year. Analysts expected to see revenue of $1.87 billion.

In December, PetSmart agreed to be acquired by BC Partners for $8.2 billion. This Friday, the company’s shareholders will vote on the deal which is expected to close this quarter.

The company put itself up for sale in 2014 after facing pressures from activist investor Jana Partners. PETM has been faced with increased competition from big-name retailers including Target (TGT) and Wal-Mart (WMT).

Investors interested in gaining exposure to PETM may also consider one of the funds listed below. The funds below currently own the largest stakes in PETM.

The funds above are a great way for investors to gain exposure to PETM while still remaining diversified. Investors interested in PETM may also be interested in VCA Inc (WOOF).