petsmart 2005ARFINAL

This document is PetSmart's 2005 annual report which summarizes the company's financial and operational performance for the year. Some key highlights include: - Net sales increased 11.8% to $3.76 billion - Comparable store sales grew 4.2% - Net income increased 16% to $182 million - The company opened 100 new stores, bringing the total to 826 stores - Services sales, including grooming and training, grew 24.2% to $298.9 million - PetSmart aims to have 300 PetsHotels built by completing 30 more in 2006, with the goal of providing pet boarding and daycare services.