PetMed Express d/b/a 1-800-PetMeds Announces Its Record First Quarter Financial Results

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Go back to PetMed Express d/b/a 1-800-PetMeds Announces Its Record First Quarter Financial Results

PetMed Express (PETS) Reports In-Line Q1 EPS, Revenues Beat

July 20, 2020 8:03 AM EDT

PetMed Express (NASDAQ: PETS) reported Q1 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $96.2 million versus the consensus estimate of $87.93 million.

Net sales for the quarter ended June 30, 2020 were $96.2 million, compared to $80.0 million for the quarter ended June 30, 2019, an increase of 20%. Net income for the quarter ended June 30, 2020 was $7.8 million, or $0.39 diluted per share, compared to net income of $5.3 million, or $0.26 diluted per share, for the same quarter the prior year, an increase to diluted... More