The recession hasn’t taken a bite out of Petsmart’s (PETM) earnings thanks to the company’s ability to cut costs and slightly increase margins on essentially flat sales.The nation’s leading pet-supply retailer will report third-quarter 2009 earnings Wednesday. Last month Petsmart increased its earnings estimate to $0.25 to $0.29 a share from $0.20 to $0.24 a share. Analysts look for $0.28 a share. The company expects to earn between $1.43 and $1.51 a share for the year up from the revised estimate of $1.37 to $1.45.In the second quarter Petsmart’s revenue increased by 5.4% led by a 10.2% growth in ...

Could this be a tipoff that a stock is about to move?

Winn-Dixie Stores shares drop 9% at midday after it cuts its profit outlook, punctuating its status as the supermarket stock investors have not favored in the grocery rally this month.

Supervalu, one of the largest U.S. supermarket chains, says quarterly profit fell 42% from a year earlier as it struggled to gain traction with shoppers.

Major markets hit fresh highs for the year yesterday even as events over Colorado illustrated gravity can’t be kept at bay indefinitely. A point emphasized by Southwest Airlines' (LUV) 5.68% plunge making it the S&P 500’s worst performer (though if increasingly off the wall attempts at cost saving by peers prove profitable help is at hand). The other shoe is taking its time to drop however what with footwear firm DSW Inc. (DSW) surging 13.08%. PetSmart (PETM) ended up over 8% after the American Kennel Club and Cat Fanciers’ Association rang the Big Board’s opening bell. The Windy City full of ...

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by RothmanResearch.com.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Benchmark Journal.