PetMed Express (PETS) Tops Q3 EPS by 4c

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PetMed Express d/b/a 1-800-PetMeds Announces Its Third Fiscal Quarter Financial Results and Its Quarterly Dividend of $0.27 Per Share

January 21, 2020 8:01 AM EST

Gross Margins Improved Sequentially from 28.6% to 29.5%Net Income Margins Increased 180 Basis Points SequentiallyAverage Order Size increased from $84 to $85

DELRAY BEACH, Fla., Jan. 21, 2020 (GLOBE NEWSWIRE) -- PetMed Express, Inc. (NASDAQ: PETS) today announced its financial results for the quarter ended December 31, 2019.  Net sales for the quarter ended December 31, 2019 were $59.9 million, compared to $60.1 million for the quarter ended December 31, 2018.  Net income was $6.8 million, or $0.34 diluted per share, for the quarter ended December 31, 2019, compared to net income of $7.8 million, or $0.38... More