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Stock impact report

PetMeds® Announces Second Quarter Fiscal 2025 Financial Results

PetMed Express, Inc. (PETS) 
Last petmed express, inc. earnings: 7/23 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: 1800petmeds.com/annualreports.jsp
Company Research Source: GlobeNewswire
DELRAY BEACH, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- PetMed Express, Inc. dba PetMeds and parent company of PetCareRx (NASDAQ: PETS) today announced its financial results for its second quarter ended September 30, 2024. Second Quarter Fiscal 2025 Financial Highlights Net sales of $59.6 million.Gross margin of 29.1%, an increase of 0.8% compared to the prior year period.Net income of $2.3 million, or $0.11 per diluted share, compared to net income of $0.7 million, or $0.03 per diluted share, in the prior year period.  Adjusted EBITDA of $2.1 million improved sequentially from an Adjusted EBITDA loss of $(1.5) million in the first quarter of fiscal 2025 and compared to Adjusted EBITDA of $3.4 million in the prior year period.Continued progress on key initiatives supporting the transformation of the business. “We demonstrated significant progress on key initiatives of phase one of our transformation, aimed at improving profitability during the second quarter while also advancing ou Show less Read more
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