Welcome to our dedicated page for Petmed Express news (Ticker: PETS), a resource for investors and traders seeking the latest updates and insights on Petmed Express stock.
PetMed Express, Inc. (NASDAQ: PETS), widely recognized as PetMeds, is America's largest pet pharmacy. Established in 1996, PetMeds provides both prescription and non-prescription pet medications, health products, and nutritional supplements for dogs, cats, and horses directly to consumers at substantial savings. The company operates from a single location, delivering exceptional value and convenience to millions of satisfied customers nationwide.
PetMeds generates revenue primarily by selling pet medications and supplies, targeting retail consumers. The company prides itself on being a trusted pet health expert, offering competitive prices and convenient access to a wide range of products. Pet parents can purchase these products through PetMeds' toll-free number (1-800-PetMeds) or online at www.petmeds.com.
Recently, PetMeds partnered with Hill's Pet Nutrition to offer Hill's Science Diet products on PetMeds' platform starting March 1, 2024. To celebrate this partnership, PetMeds launched a promotional giveaway, providing a year's worth of Hill's Science Diet to one lucky winner. This initiative aligns with PetMeds' commitment to responsible pet ownership and support for animal shelters facing capacity crises.
PetMeds also offers innovative services like Pumpkin® pet insurance plans and same-day VetLive® telehealth appointments, making veterinary care more accessible and affordable. Furthermore, through its wholly-owned subsidiary, PetCareRx, PetMeds extends its reach by providing additional pet health products and services.
The company's financial stability is underscored by its consistent performance and strategic partnerships. PetMeds is scheduled to host a conference call on February 8, 2024, to discuss its third-quarter results, followed by a Q&A session. This event provides an opportunity for investors and stakeholders to gain insights into the company's operations and future plans.
For more information, visit www.petmeds.com or contact PetMeds' investor relations team at investor@petmeds.com.
PetMed Express (NASDAQ: PETS) has reported its Q3 fiscal 2025 financial results, highlighting several key improvements in its business performance. The company achieved net sales of $53.0 million and improved its gross margin rate to 28.1%, representing an 80 basis points increase compared to the previous year.
The company's Adjusted EBITDA reached $2.0 million, showing a significant improvement from $0.9 million in the prior year period. Management successfully reduced G&A expenses by $2.6 million compared to last year, demonstrating progress in their transformation initiatives focused on operational excellence and financial discipline.
PetMed Express (NASDAQ: PETS) has scheduled its fiscal third quarter 2025 earnings conference call for Monday, February 10, 2025, at 4:30 PM Eastern Time. The company will release its financial results for the quarter ended December 31, 2024, prior to the call.
The earnings call will include a management presentation followed by a Q&A session. Investors can access the call through U.S. dial-in (877-407-0789) or international number (201-689-8562). A replay will be available until February 24, 2025, accessible via toll-free (844-512-2921) or international (412-317-6671) numbers with passcode 13750886.
PetMed Express, Inc., doing business as PetMeds and the parent company of PetCareRx, announced its participation in the 27th Annual ICR Conference, scheduled for January 13-15, 2025 in Orlando, FL.
Sandra Campos, Chief Executive Officer and President, and Robyn D’Elia, Chief Financial Officer, will represent the company and meet with investors. They are scheduled to present at approximately 11:00 a.m. Eastern Time on Monday, January 13, 2025.
A live webcast of the presentation will be available on the “Events & Presentations” section of PetMed’s investor relations website at https://investors.petmeds.com.
PetMeds (NASDAQ: PETS) has announced the adoption of a duration shareholder rights plan to protect shareholders' interests. The plan, effective immediately until December 2, 2025, was implemented in response to recent significant stock accumulations and concerns that shares don't reflect the company's inherent value. Under the plan, shareholders will receive one right per common stock share as of December 16, 2024. These rights become exercisable if an entity acquires 12.5% or more of outstanding shares without Board approval, allowing other shareholders to purchase additional shares at a 50% discount to market price.
PetMed Express (NASDAQ: PETS) has partnered with Ordergroove to enhance its subscription and membership capabilities. The collaboration aims to modernize PETS' Autoship program by implementing advanced platform features including prepaid subscriptions, self-service management, and personalized promotions. The partnership integrates product catalogs from both PetMeds and PetCareRx, creating a unified subscription membership experience. CEO Sandra Campos emphasized that this strategic move will support innovation while increasing customer satisfaction and retention. The implementation is expected to expand PETS' subscriber base and improve service accessibility while enabling faster market innovations.
PetMed Express, Inc., operating as PetMeds and parent company of PetCareRx (Nasdaq: PETS), will participate in the Sidoti Micro Cap Conference on November 13-14, 2024. The event will be held virtually. Sandra Campos, CEO and President, will present to investors at approximately 1:45 p.m. Eastern Time on Wednesday, November 13, 2024. A live webcast of the presentation will be available on the “Events & Presentations” section of PetMed’s investor relations website at https://investors.petmeds.com.
PetMed Express (NASDAQ: PETS) reported its Q2 fiscal 2025 financial results with net sales of $59.6 million and a gross margin of 29.1%, up 0.8% year-over-year. The company posted net income of $2.3 million, or $0.11 per diluted share, compared to $0.7 million, or $0.03 per diluted share, in the prior year period. Adjusted EBITDA reached $2.1 million, improving from a loss of $(1.5) million in Q1 fiscal 2025, though down from $3.4 million year-over-year. The company highlighted progress in its business transformation, including consolidation of operations and cost structure improvements.
PetMed Express (PETS) has announced its upcoming fiscal second quarter 2024 earnings conference call, scheduled for November 6, 2024, at 4:30 PM Eastern Time. The company will release its financial results for the quarter ended September 30, 2024, before the call. Management will host the call followed by a Q&A session. The call will be accessible via U.S. dial-in (877-407-0789) and international dial-in (201-689-8562). A replay will be available until November 20, 2024, through toll-free (844-512-2921) and international (412-317-6671) numbers with passcode 13748837.
PetMed Express, Inc. (Nasdaq: PETS) has appointed Robyn D'Elia as Chief Financial Officer, effective September 16, 2024. D'Elia brings over 25 years of experience in financial leadership and strategic planning, including 24 years at Bed Bath & Beyond where she served as CFO from 2018 to 2020. Most recently, she was CFO at Odeko, a privately held operations partner for independent coffee shops and cafes.
As CFO at PetMeds, D'Elia will oversee the entire finance organization and report directly to President and CEO Sandra Campos. The company expects her expertise in financial discipline, operational rigor, and scaling organizations to be valuable as they expand and aim to deliver long-term value for shareholders, customers, and employees.
PetMed Express (Nasdaq: PETS), parent company of PetCareRx, announces its participation in the Morgan Stanley 22nd Annual Global Healthcare Conference. The event is scheduled for September 4-6, 2024 in New York. Sandra Campos, CEO and President of PetMeds, will engage in a fireside chat on September 6, 2024, at 7:45 a.m. (Eastern Time).
Investors and interested parties can access a live audio webcast of the fireside chat through the 'Events & Presentations' section of PetMed's investor relations website. Following the event, a replay will be available for approximately 90 days on the same platform.
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