PetMed Express Reports Increased Losses and Decreased Revenue

PetMed Express Inc. reported a loss of -$0.71 million for Q3. This reflects an improvement in EPS from -$0.10 to -$0.03 despite an 18.9% fall in revenue. Companies may face stock pressure due to declining revenues and negative earnings. Investors should assess these factors carefully.

Date: 11-02-2025

AI Rating: 5

Earnings Per Share (EPS): PetMed Express Inc. reported an EPS of -$0.03 for the third quarter, an improvement over last year's -$0.10. This indicates the company is moving closer to achieving profitability, though still in negative territory.

Net Income: The company recorded a net loss of -$0.71 million, which is an improvement from the -$2.03 million net loss recorded in the same quarter last year. This shows the company is decreasing its losses, which could be seen positively by investors.

Revenue Growth: The company's revenue declined by 18.9%, falling to $52.984 million compared to $65.317 million in the prior year. This sharp decline in revenue could negatively affect stock prices, as it raises concerns about the company’s sales performance.

Stocks: PETS