Jana Partners is currently pushing for a sale of the company for a significantly higher price. Given that private equity firms hold more than $1T in "dry powder" and the consistency of the company's cash flow, this push could have legs. In the meantime, the shares are not expensive here. The shares trade at less than one times annual revenues, yield 1.4% and PetSmart has little net debt on the balance sheet.
Celebrity Photos: June 2014Katie Holmes spotted picking up Jergens Natural Glow Daily Moisturizer in New York City on June 2.
CHICAGO, Aug. Every day the Zacks Equity Researchanalysts discuss the latest news and events impacting stocks and thefinancial markets. Stocks recently featured in the blog include Coach,See: New York Stock Exchange : COH Free Report), Michael Kors This article or section is written like an .Please help [ rewrite this article] from a neutral point of view.Mark blatant advertising for , using . Holdings Ltd (NYSE: KORS FreeReport), Gildan Activewear Gildan Activewear TSX: GIL NYSE: GIL is a Canadian clothing company headquartered in Montreal, Quebec.The company is the subject of criticism by the Maquila Solidarity Network, especially over recent plant closures. References1. Corporation(NYSE: VFC Free Report) and Hanesbrands Inc.(NYSE: HBI Free Report).Accessories maker Coach, Inc.(NYSE: COH Free Report) released adisappointing fourth quarter earnings report this week. On the positiveside, earnings were in line with the Zacks Consensus Estimate, at 89cents a share. This is an increase of 3.5% from 86 cents recorded in theyear ago quarter.However, including one time items, quarterly earnings came in 78cents per share Cents per shareThe amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , lower than the year ago quarter. Total revenue was also