PetSmart was founded in 1987 and is headquartered in Phoenix, US
PetSmart Office Locations
PetSmart has an office in Phoenix
Phoenix, US (HQ)
19601 N 27th Ave
PetSmart Data and Metrics
PetSmart Summary
Founding Date | 1987 |
Total Funding | $15 m |
Investors | U.S. Venture Partners (USVP), Upfront Ventures |
In total, PetSmart had raised $15 m. PetSmart is a subsidiary of BC Partners
PetSmart Financial Metrics
PetSmart's revenue was reported to be $7 b in FY, 2016 which is a 1% increase from the previous period.
| USD | FY, 2014 | FY, 2016E |
|---|---|---|
Revenue | 6.9 b | 7 b |
Cost of goods sold | 4.8 b | |
Gross profit | 2.1 b | |
Gross profit Margin, % | 31% | |
EBIT | 693.3 m | |
EBIT margin, % | 10% | |
Net Income | 419.5 m |
- Source: Forbes
| USD | FY, 2014 |
|---|---|
Cash | 285.6 m |
Inventories | 76.5 m |
Current Assets | 1.3 b |
PP&E | 953 m |
Goodwill | 41.1 m |
Total Assets | 2.5 b |
Current Liabilities | 794.3 m |
Additional Paid-in Capital | 1.5 b |
Retained Earnings | 2.2 b |
Total Equity | 1.1 b |
Financial Leverage | 2.3 x |
| USD | FY, 2014 |
|---|---|
Net Income | 419.5 m |
PetSmart Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Chewy | April 18, 2017 | $3.4 b |
Traffic Overview of PetSmart
PetSmart Online and Social Media Presence
PetSmart News and Updates
April 18, 2017
PetSmart is acquiring Chewy.com for $3.35 billion in the largest e-commerce acquisition ever
PetSmart has agreed to make the biggest e-commerce acquisition in history, putting a deal in place to snatch up fast-growing pet food and product site Chewy.com for $3.35 billion, according to multiple sources familiar with the deal.
April 19, 2017
A low-flying pet supplies company just sold to PetSmart in the biggest e-commerce sale ever
If you haven’t heard of Chewy, you aren’t alone. But PetSmart, the retail giant with more than 1,500 stores across the U.S., has clearly been tracking the low-flying, five-year-old pet supplies company. According to Recode, it just agreed to purchase its young rival for a stunning $3.35 billion, ju…
April 18, 2017
Petsmart bought Chewy.com in what's reported to be the biggest e-commerce deal ever
Petsmart just snapped up pet supply site Chewy.com in what's reported to be the biggest e-commerce deal in history.
The big box store paid around $3.35 billion for the online outlet, according to Recode's sources — slightly more than the $3.3 billion Walmart spent on Jet.com in another monster o…
April 18, 2017
Petsmart & Chewy: The Pet Combo Tops E-Commerce M&A Deal Rankings
On April 18, Petsmart announced its acquisition of pet care e-commerce platform Chewy, for a reported price tag of $3.35B. The deal, if finalized, would propel Chewy to the most expensive e-commerce acquisition in recent history (since 2009), knocking out … Continued
November 07, 2016
PetSmart Adds Same-Day Delivery in Battle With Amazon
The company's new delivery service is powered by on-demand startup Deliv.
November 07, 2016
PetSmart takes on Amazon with launch of same-day delivery and subscriptions
With more online shoppers turning to sites like Amazon, traditional brick-and-mortar retailers have had to step up their competition on the e-commerce front – including by offering faster deliveries – or risk losing customers. The latest to join the fight is PetSmart, which today is rolling out a r…