---
schema_version: "secwatch.filing_event.v1"
accession: "0001040130-22-000006"
form_type: "8-K"
ticker: "PETS"
cik: "0001040130"
company_name: "PETMED EXPRESS INC"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T04:57:53.011276+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PetMed Q2 net sales $65.4M (-3% YoY), EPS $0.13 vs $0.31; dividend $0.30/share

## Summary
- Net income fell to $2.6M ($0.13 diluted) from $6.3M ($0.31) a year ago; included $1.3M in non-recurring items.
- Adjusted EBITDA was $7.1M, down 28% from $9.8M in Q2 FY2022.
- AutoShip & Save sales grew to 39% of total sales from 34% in the prior quarter.
- Board declared quarterly dividend of $0.30/share, payable Nov 30, 2022 to holders of record Nov 18.
- CEO cited revenue stabilization driven by subscription growth.

## SEC filing metadata
- accession: 0001040130-22-000006
- form_type: 8-K
- ticker: PETS
- cik: 0001040130
- company_name: PETMED EXPRESS INC
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040130/000104013022000006/0001040130-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040130/000104013022000006/pets-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040130-22-000006
- JSON: https://secwatch.observer/filing/0001040130-22-000006.json
- Plain text: https://secwatch.observer/filing/0001040130-22-000006.txt

## Key facts
- Earnings Releases
  PETMED EXPRESS INC reported second quarter ended September 30, 2022 results: revenue $65.4 million, net income $2.6 million, EPS $0.13 diluted earnings per share.
  - Period: second quarter ended September 30, 2022
  - Revenue: $65.4 million
  - Net income: $2.6 million
  - EPS: $0.13 diluted earnings per share
  - Result: reported results
  source text: Net sales for the quarter ended September 30, 2022, were $65.4 million, compared to $67.4 million for second quarter in the prior year, a decrease of 3.0%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040130/000104013022000006/0001040130-22-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.