secwatch.observer — SEC 8-K summary
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Issuer:     PETMED EXPRESS INC (PETS)
CIK:        0001040130
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001040130-23-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetMed Express reports Q3 net loss of $19K; revenue down 3% to $58.9M; declares $0.30 dividend
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- Net sales $58.9M (down 3% YoY); net loss $19K vs net income $4.3M prior year.
- Adjusted diluted EPS $0.02; Adjusted EBITDA $2.7M, down 64% from $7.6M.
- New customers increased 9% YoY, first increase in 10 quarters.
- Board declares $0.30 per share quarterly dividend, payable Feb 27, 2023 to holders of record Feb 20.
- Evaluating sales tax contingencies that could have material effect on results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040130/000104013023000011/0001040130-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040130/000104013023000011/pets-20230206.htm
  HTML page:      https://secwatch.observer/filing/0001040130-23-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer