petsmart inc

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• PetSmart, Inc.
  
  (Nasdaq: PETM) high of $45.98. PetSmart making a nice move today following earnings, which it reported after the market yesterday.
  
  EPS was $0.61 on revs of $1.49 billion, versus consensus EPS of $0.55 and revs of $1.48 billion. Looking ahead, PetSmart sees FY11 EPS of $2.32 - $2.42, versus $2.36 consensus.
  
  The Company also sees Q211 EPS of $0.47 - $0.51, compared with the $0.49 consensus. Shares moved

Smart Technologies Inc. (NASDAQ: SMT) 12.5% LOWER; reported Q4 adjusted EPS of $0.01, $0.07 worse than the analyst estimate of $0.08.

Revenue for the quarter came in at $167.3 million versus the consensus estimate of $162.95 million. Advance Auto Parts Inc.

(NYSE: AAP) 7.4% LOWER; reported Q1 EPS of $1.35, $0.03 worse than the analyst estimate of $1.38. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.92 billion.

Comps were up 1.4% over the quarter. Petsmart, Inc.

PetSmart, Inc. (Nasdaq: PETM) 7.2% HIGHER; reports Q2 EPS of $0.41, 5 cents better than the analyst estimate of $0.36.

Revenue for the quarter was $1.41 billion, which compares to the estimate of $1.39 billion. Comps up 4.6%. Sees Q3 EPS of $0.35 - $0.39, versus $0.37 consensus.

Reaffirms FY10 outlook. Brocade Communications Systems, Inc. (Nasdaq: BRCD) 6% LOWER; reports Q3 adj-EPS of $0.13, inline with the analyst estimate of $0.13.

Revenue for the quarter was $504 million, which compares to the estimate of $508.41 million.

Shares of PetSmart Inc. sagged in midday trading Thursday, squeezed by an analyst's downgrade and its lowered full-year earnings forecast.

Falling margins and weakening sales prompted a Credit Suisse analyst to downgrade PetSmart Inc. to "Neutral" from "Outperform" on Thursday.