PetMed Express (PETS) Raises Quarterly Dividend 5.6% to $0.19; 4.1% Yield

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PetMed Express, Inc. D/B/A 1-800-PetMeds Announces Its Financial Results for Fiscal 2016 and Its Quarterly Dividend Raised to $0.19 Per Share

May 9, 2016 8:03 AM EDT

Fourth Quarter New Order Sales Increased 24%Fourth Quarter Sales Increased 11%Fourth Quarter Net Income Increased 9.4%

POMPANO BEACH, Fla., May 09, 2016 (GLOBE NEWSWIRE) -- PetMed Express, Inc. (NASDAQ: PETS) today announced its financial results for the fiscal year ended March 31, 2016.  Net sales for the quarter ended March 31, 2016 were $55.4 million, compared to $50.0 million for the quarter ended March 31, 2015, an increase of 11%.  For the fiscal year ended March 31, 2016 net sales were $234.7 million, compared to $229.4 million for the fiscal year ended... More