SOURCE: PetSmart

January 18, 2008 15:00 ET

PetSmart Declares Quarterly Cash Dividend

PHOENIX, AZ--(Marketwire - January 18, 2008) - PetSmart, Inc. (NASDAQ: PETM) declared a quarterly common stock cash dividend of $0.03 cents per share. The dividend is payable Feb. 15, 2008, to shareholders of record at the close of business on Feb. 1, 2008.

PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. The company operates more than 993 pet stores in the United States and Canada, a growing number of in-store PetSmart PetsHotel® cat and dog boarding facilities, and is a leading online provider of pet supplies and pet care information ( PetSmart provides a broad range of competitively priced pet food and pet products; and offers complete pet training, pet grooming, pet boarding, doggie day camp and pet adoption services. Since 1994, PetSmart Charities, Inc., an independent 501(c)(3) non-profit animal welfare organization, has donated more than $52 million to animal welfare programs and, through its in-store pet adoption programs, has saved the lives of more than 3 million pets.

Contact Information

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    Bruce Richardson
    623-587-2177 (24-hour media line)