Total sales growth of 3.4 per cent

PetSmart has reported financial results for the fourth quarter and fiscal year 2009. For the quarter, the company delivered earnings per share of $0.61 and comparable store sales growth of 1.5 per cent. Total sales for the quarter were $1.41 billion, up 3.4 per cent, including a favourable impact from foreign currency fluctuations of $10.0 million. Services sales, which are included in total sales, increased 8.3 percent to $141.6 million. For the year, the company delivered earnings per share of $1.59 compared to $1.52 last year. Total sales were $5.34 billion, up 5.4 per cent, including an unfavourable impact from foreign currency fluctuations of $8.3 million. Comparable store sales grew 1.6 percent and services sales increased 9.2 percent to $575 million.