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Earnings Analysis: 
PetSmart Net Falls; Foot Locker Sales Up
Author: Mita Yagnik
123jump.com
Last Update: 4:02 AM ET March 04 2010


PetSmart, Inc fourth quarter sales rose 3.7% to $1.41 billion and net income fell 4.3% to $75.0 million or 61 cents a share. Foot Locker, Inc fourth quarter sales rose 0.8% to $1.33 billion and net income was $23 million or 14 cents a share.

 
[R]3:55AM New York - PetSmart, Inc sales rose 3.7% and net income fell 4.3%. Foot Locker, Inc sales rose 0.8% and net income was $23 million.[/R]

Celera Corporation (CRA: chart), a laboratory testing products and disease management services company said fourth quarter revenues fell 15.4% to $40.0 million from $47.3 million a year ago. Net income in the quarter was $7.8 million or 9 cents per diluted share compared to net loss of $6.1 million or 8 cents per share a year ago.

Net revenues for the year 2009 fell 4.6% to $167.1 million from $175.2 million a year ago. Net loss for the year was $32.7 million or 40 cents per diluted share compared to net loss of $124.6 million or $1.56 per share a year ago.

Celera Corporation, in the last one year traded as high as $8.76 in May 2009 and as low as $5.03 in March 2009. Based on the yesterday's closing price of $6.14 the company has market cap of $503.13 million.

Coldwater Creek Inc (CWTR: chart), a women's apparel maker said fourth quarter sales rose 12.4% to $318.4 million from $283.2 million a year ago. Net loss in the quarter was $9.7 million or 11 cents per diluted share compared to net loss of $18.6 million or 20 cents per share a year ago.

Net sales for the year 2009 rose 2% to $1.04 billion from $1.02 billion a year ago. Net loss for the year was $56.1 million or 61 cents per diluted share compared to net loss of $26.0 million or 29 cents per share a year ago.

Coldwater Creek Inc, in the last one year traded as high as $9.20 in September 2009 and as low as $1.42 in March 2009. Based on the yesterday's closing price of $5.41 the company has market cap of $497.96 million.

Darling International Inc (DAR: chart), a provider of rendering, recycling and recovery solutions to food industry said fourth quarter sales rose 0.8% to $149.6 million from $148.5 million a year ago. Net income in the quarter was $9.2 million or 11 cents per diluted share compared to net loss of $14.0 million or 17 cents per share a year ago.

Net sales for the year 2009 fell 26% to $597.8 million from $807.5 million a year ago. Net income for the year fell 23.4% to $41.8 million or 51 cents per diluted share compared to net income of $54.6 million or 66 cents per share a year ago.

Darling International Inc, in the last one year traded as high as $9.17 in January 2010 and as low as $2.82 in March 2009. Based on the yesterday's closing price of $8.19 the company has market cap of $673.44 million.

Foot Locker, Inc (FL: chart), the shoe store said fourth quarter sales rose 0.8% to $1.33 billion from $1.32 billion a year ago. Net income in the quarter was $23 million or 14 cents per diluted share compared to net loss of $125 million or 81 cents per share a year ago.

Net sales for the year 2009 fell 7.4% to $4.85 billion from $5.24 billion a year ago. Net income for the year was $48 million or 30 cents per diluted share compared to net loss of $80 million or 52 cents per share a year ago.

Foot Locker, Inc, in the last one year traded as high as $13.51 in March 2010 and as low as $7.75 in March 2009. Based on the yesterday's closing price of $13.01 the company has market cap of $2.04 billion.

PetSmart, Inc (PETM: chart), the pet products retailer said fourth quarter sales rose 3.7% to $1.41 billion from $1.36 billion a year ago. Net income in the quarter fell 4.3% to $75.0 million or 61 cents per diluted share compared to net income of $78.4 million or 62 cents per share a year ago.

Comparable same-store sales increased 1.5%.

Net sales for the year 2009 rose 5.3% to $5.34 billion from $5.07 billion a year ago. Net income for the year rose 3% to $198.3 million or $1.59 per diluted share compared to net income of $192.7 million or $1.52 per share a year ago.

PetSmart, Inc, in the last one year traded as high as $28.10 in March 2010 and as low as $16.17 in March 2009. Based on the yesterday's closing price of $27.71 the company has market cap of $3.42 billion.

Sina Corporation (SINA: chart), an online media company said fourth quarter sales fell 3.3% to $98.2 million from $101.5 million a year ago. Net income in the quarter was $372.1 million or $6.03 per diluted share compared to net income of $25.2 million or 42 cents per share a year ago.

Net sales for the year 2009 fell 3% to $358.6 million from $369.6 million a year ago. Net income for the year rose 411% to $411.9 million or $6.95 per diluted share compared to net income of $80.6 million or $1.33 per share a year ago.

Sina Corporation, in the last one year traded as high as $47.95 in November 2009 and as low as $17.89 in March 2009. Based on the yesterday's closing price of $37.49 the company has market cap of $2.27 billion.
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Market data: BATS Exchange. Inc.

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