PetMed Express shares fall 12% after earnings and sales miss
PetMed Express Inc. shares sank 12.5% in Monday premarket trading after the pet pharmacy company reported fiscal first quarter earnings and sales that missed consensus. Net income totaled $5.3 million, or 26 cents per share, down from $12.6 million, or 62 cents per share, last year. Sales of $80.0 million were down from $87.4 million in 2018. The FactSet consensus was for EPS of 42 cents and sales of $85.8 million. Average order value fell to $86 from $90 last year. PetMed Chief Executive Menderes... Читать дальше...
