PetMed Express warns Q2 net sales down ~25% YoY; receives Nasdaq delisting notice

PETMED EXPRESS INC

2026-Q2 EPS reported -$2.05 revenue$95,544,000

Preliminary Q2 net sales estimated at $43.4M-$44.5M vs $58.0M (restated) prior year.
Six-month net sales estimated at $94.5M-$95.6M vs $124.3M (restated) prior year.
Cannot estimate operating income due to pending goodwill impairment analysis.
Cash $36.1M, no debt as of September 30, 2025.
Nasdaq non-compliance for late Q1 and Q2 10-Qs; compliance plan update due by Nov 28, 2025.

item 2.02 item 3.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001040130-25-000086
form_type: 8-K
ticker: PETS
cik: 0001040130
company_name: PETMED EXPRESS INC
filed_at: 2025-11-13T23:59:59+00:00
discovered_at: 2026-05-14T18:02:38.621042+00:00
generated_at: 2026-05-16T20:06:30.398107+00:00
sec_items: ["2.02", "3.01", "9.01"]
event_type: earnings
sentiment: negative
materiality_score: 0.8
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001040130-25-000086
json_url: https://secwatch.observer/filing/0001040130-25-000086.json
markdown_url: https://secwatch.observer/filing/0001040130-25-000086.md
text_url: https://secwatch.observer/filing/0001040130-25-000086.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1040130/000104013025000086/0001040130-25-000086-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1040130/000104013025000086/pets-20251112.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001040130-25-000086

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.