PetMed Express (PETS) Raises Quarterly Dividend 5.9% to $0.18; 4.6% Yield
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PetMed Express (PETS) Reduce Advertising Costs; PiperJaffray Reiterate Neutral Rating
May 5, 2015 9:35 AM EDTPiper 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) Reports In-Line Q4 EPS
May 4, 2015 8:06 AM EDTPetMed Express (NASDAQ: PETS) reported Q4 EPS of $0.25, in-line with the analyst estimate of $0.25. Revenue for the quarter came in at $50 million versus the consensus estimate of $49.11 million.
For earnings history and earnings-related data on PetMed Express (PETS) click here.
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