PetMed Express (PETS) Declares $0.30 Quarterly Dividend; 8.2% Yield

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PetMeds® Announces Its First Quarter Financial Results and Declares a Quarterly Dividend of $0.30 Per Share

July 31, 2023 4:01 PM EDT

DELRAY BEACH, Fla., July 31, 2023 (GLOBE NEWSWIRE) -- PetMed Express, Inc. (NASDAQ: PETS) (PetMeds or Company), Your Trusted Pet Health Expert, today announced its financial results for its first quarter ended June 30, 2023. 

Quarterly Highlights

Net sales for the quarter ended June 30, 2023, were $78.2 million, compared to $70.2 million for the first quarter in the prior year, an increase of 11.5%. PetMeds reported an increase in new customers of 25% year over year for the quarter ended June 30, 2023, representing the third consecutive quarter of new... More