---
schema_version: "secwatch.filing_event.v1"
accession: "0001040130-23-000036"
form_type: "8-K"
ticker: "PETS"
cik: "0001040130"
company_name: "PETMED EXPRESS INC"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T12:27:16.319294+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PetMed Q4 sales $62.4M (-5% YoY), net loss $5.1M; acquires PetCareRx, declares $0.30 dividend

## Summary
- Q4 sales $62.4M (-5% YoY); net loss $5.1M ($0.25 loss per share) vs net income $6.1M last year.
- Accrued $6.9M sales tax liability; adjusted EBITDA $3.6M vs $9.5M prior year.
- New customers up 12% YoY to ~72,000; Autoship & Save revenue 44% of sales (vs 31% last year).
- Completed PetCareRx acquisition for $36M cash; expects it to be accretive by end of fiscal year.
- Declared $0.30 per share cash dividend payable in June 2023.

## SEC filing metadata
- accession: 0001040130-23-000036
- form_type: 8-K
- ticker: PETS
- cik: 0001040130
- company_name: PETMED EXPRESS INC
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040130/000104013023000036/0001040130-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040130/000104013023000036/pets-20230522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040130-23-000036
- JSON: https://secwatch.observer/filing/0001040130-23-000036.json
- Plain text: https://secwatch.observer/filing/0001040130-23-000036.txt

## Key facts
- Earnings Releases
  PETMED EXPRESS INC reported financial results for the fourth quarter and year ended on March 31, 2023.
  - Period: the fourth quarter and year ended on March 31, 2023
  - Result: reported results
  source text: On May 22, 2023, PetMed Express, Inc. (the “Company”) held a conference call to discuss its financial results for the fourth quarter and year ended on March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040130/000104013023000036/0001040130-23-000036-index.htm

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