PetMed Express, Inc. Healthcare | Drug Delivery | USA PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, health products, and supplies for dogs and cats to retail customers. It provides non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, arthritis, thyroid, diabetes, pain medications, antibiotics, and other specialty medications, as well as generic substitutes. The company also sells food, beds, crates, stairs, strollers, and other pet supplies through its Website. It markets its products through Internet; telephone contact center; and direct mail/print through 1-800-PetMeds catalogs, brochures, and postcards under various brands. PetMed Express, Inc. was founded in 1996 and is headquartered in Delray Beach, Florida.
PetMed's stock surges after profit and sales rise above expectations Shares of PetMed Express Inc. PETS, +17.81% surged 2.4% in premarket trade Monday, after the pet pharmacy company reported fiscal first-quarter profit and sales that rose above expectations. Net profit for the quarter to June 30 increased to $9.3 million, or 45 cents a share, from $6.6 million, or 32 cents a share, in the same period a year ago. The FactSet consensus for earnings per share was 38 cents. Revenue grew 10% to $79.7 million, above the FactSet consensus of $77.3 million, as new order sales jumped 14% and with online sales increasing 12%. The stock traded at $41.50 ahead of the open, above the July 7 record close of $41.29. The stock has rocketed 76% over the past three months, while the S&P 500 SPX, -0.13% has gained 4.1%.
