PetMed Express, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2023
July 31, 2023 at 04:01 pm EDT
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PetMed Express, Inc. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was USD 78.24 million compared to USD 70.19 million a year ago. Net loss was USD 0.887 million compared to net income of USD 2.78 million a year ago.
Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to diluted earnings per share from continuing operations of USD 0.14 a year ago.
PetMed Express, Inc., doing business as PetMeds, is a direct-to-consumer pet pharmacy. The Company is an online provider of prescription and non-prescription medications, food, supplements, supplies and vet services for dogs, cats, and horses. It markets and sells directly to consumers through its websites, toll-free numbers, and mobile applications. Its product line contains approximately 15,000 SKUs of pet medications, health products, and supplies. The Company offers various pet supplies, including food, beds, crates, stairs and other pet supplies. PetMeds products include Non-Prescription Medications (OTC) and supplies, and Prescription Medications (Rx). OTC and supplies include flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies. Rx includes heartworm and flea and tick preventatives, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications.
PETMED EXPRESS, INC. 
