---
schema_version: "secwatch.filing_event.v1"
accession: "0001040130-23-000027"
form_type: "8-K"
ticker: "PETS"
cik: "0001040130"
company_name: "PETMED EXPRESS INC"
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T17:53:21.942094+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PetMed Express Q4 net loss $5.1M, revenue down 5.4%; declares $0.30 dividend

## Summary
- Q4 net loss $(5.1)M ($0.25 diluted EPS) vs net income $6.1M ($0.30) prior year.
- Q4 net sales $62.4M, down 5.4% YoY; full-year sales $256.9M, down 6.1%.
- Q4 Adjusted EBITDA $3.6M, down 61.8% from $9.5M; FY adj EBITDA $19.8M down 41.9%.
- New customers increased 12% YoY for Q4; AutoShip & Save recurring revenue 44% of total.
- Board declared $0.30/share quarterly dividend, payable June 12, record June 6, 2023.

## SEC filing metadata
- accession: 0001040130-23-000027
- form_type: 8-K
- ticker: PETS
- cik: 0001040130
- company_name: PETMED EXPRESS INC
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040130/000104013023000027/0001040130-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040130/000104013023000027/pets-20230522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040130-23-000027
- JSON: https://secwatch.observer/filing/0001040130-23-000027.json
- Plain text: https://secwatch.observer/filing/0001040130-23-000027.txt

## Key facts
- Earnings Releases
  PETMED EXPRESS INC reported financial results for fourth quarter and fiscal year ended March 31, 2023.
  - Period: fourth quarter and fiscal year ended March 31, 2023
  - Result: reported results
  source text: On May 22, 2023, PetMed Express, Inc. (the “Company”) issued a press release announcing its March 31, 2023 fourth quarter financial results and other financial information
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040130/000104013023000027/0001040130-23-000027-index.htm

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