PetMed (PETS) Shares Trade Lower This Morning on Lower Revenue

October 19, 2009 11:42 AM EDT

PetMed Express (NASDAQ: PETS) shares are trading lower today, down 12% to $17.27 at midday.

This morning, PetMed released their second quarter results with lower revenues than expected. The Street was looking for $66, and the company reported $62.4 million for the quarter. EPS was in-line with the Street consensus of $0.28.


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