PetMed Express Posts Narrower 3Q Loss, Lower Sales

Dow Jones
11 Feb

By Sabela Ojea

 

PetMed Express logged a narrower loss for its fiscal third quarter, but also lower sales.

The Delray Beach, Fla.-based online pet pharmacy on Monday posted a net loss for the three months ended Dec. 31 of $707,000, or 3 cents a share, compared with a loss of $2 million, or 10 cents a share, for the same period a year earlier.

Sales fell to $53 million from $65.3 million a year ago.

Chief Executive Sandra Campos said that the company continues to work on delivering a more efficient organization.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

February 10, 2025 17:12 ET (22:12 GMT)

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