PetSmart (NASDAQ: PETM ) is in a good place heading into Wednesday's quarterly report.
Analysts see revenue climbing 6%, but they see profitability growing more than twice as fast. It's hard to call Wall Street ambitious here because PetSmart has landed ahead of where the pros have taken a catnap in each of the past four quarters.
In this video, longtime Fool contributor Rick Munarriz -- and his Cocker Spaniel -- explore the reasons why PetSmart may not necessarily be expensive at 18 times this year's projected earnings.
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