PetMed Express Q1 net sales $78.2M (+11.5% YoY); net loss $(0.9)M; declares $0.30 dividend

PETMED EXPRESS INC

2024-Q1 EPS reported -$0.04 revenue$78,244,000

Net sales $78.2M, up 11.5% YoY from $70.2M; net loss $(0.9)M ($0.04 diluted loss) vs net income $2.8M ($0.14 EPS) in prior year.
Adjusted EBITDA $3.3M, down 47% from $6.3M; new customers up 25% YoY (third consecutive quarter).
Board declared quarterly dividend $0.30/share, payable Aug 18, 2023 to holders of record Aug 14, 2023.
Acquisition of PetCareRx closed Apr 3, 2023; contributed almost full quarter of consolidated results.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

PETMED EXPRESS INC reported first quarter ended June 30, 2023 results: revenue $78.2 million, net income Net loss for the quarter ended June 30, 2023 was $(0.9) million, EPS $(0.04) per diluted share.

Period: first quarter ended June 30, 2023
Revenue: $78.2 million
Net income: Net loss for the quarter ended June 30, 2023 was $(0.9) million
EPS: $(0.04) per diluted share
Result: reported results

Exact text from the filing

Health Expert TM , today announced its financial results for its first quarter ended June 30, 2023. Quarterly Highlights • Net sales for the quarter ended June 30, 2023, were $78.2 million, compared to $70.2 million for the first quarter in the prior year, an increase of 11.5%. • PetMeds reported an increase in new customers of 25% year over year for the quarter

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Source: SEC EDGAR

accession 0001040130-23-000049

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