PetMed Express (PETS) Reports In-Line Q4 EPS

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PetMed Express (PETS) Reduce Advertising Costs; PiperJaffray Reiterate Neutral Rating

May 5, 2015 9:35 AM EDT

Piper Jaffray maintained a Neutral rating on PetMed Express (NASDAQ: PETS) and raised its price target to $15 (from $14) after PETS reduced advertising expenses by 23%. Piper Jaffray believes that pressure put on by competition for flea & tick topicals could have an effect on PETS margins.
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PetMed Express (PETS) Raises Quarterly Dividend 5.9% to $0.18; 4.6% Yield

May 4, 2015 8:26 AM EDT

PetMed Express (NASDAQ: PETS) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. This is a 5.9% increase from the prior dividend of $0.17.

The dividend will be payable on May 22, 2015, to stockholders of record on May 15, 2015, with an ex-dividend date of May 13,... More