PetSmart Inc. (PETM): Today's Featured Specialty Retail Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. PetSmart (PETM) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day down 0.3%. By the end of trading, PetSmart rose 99 cents (1.5%) to $68.55 on heavy volume. Throughout the day, two million shares of PetSmart exchanged hands as compared to its average daily volume of 819,800 shares. The stock ranged in a price between $68.14-$69.55 after having opened the day at $69.44 as compared to the previous trading day's close of $67.56. Other companies within the Specialty Retail industry that increased today were: Zale Corporation (ZLC), up 5.4%, Dick's Sporting Goods (DKS), up 4.3%, Trans World Entertainment (TWMC), up 4.2%, and Barnes & Noble (BKS), up 3.7%.
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