PetMed Express Inc. (PQM)
XMUN 
Summary
PQM Chart
Pets at Home update gets mixed reception from analysts
Pets at Home Group PLC (LSE:PETS) results and strategy update offered some encouragement, but not all analysts saw it as changing the picture much. Peel Hunt analyst Jonathan Pritchard said the interims "reflected a poor half of trading on the retail side, and a solid half in vets".
Pets At Home's Shares Purr As Retailer Avoids Fresh Profit Warning
Despite news of further weak trading, Pets at Home's share price spiked on Wednesday as the retailer averted another confidence-crushing profit warning.
Pets at Home launches cost cutting programme under interim boss as profits tumble
Pets at Home Group PLC (LSE:PETS) reported a decline in first-half profit and launched a four-part turnaround strategy for its retail division, with interim executive chair Ian Burke setting out plans to stabilise performance following the sudden exit of CEO Lyssa McGowan in September. Retail underlying profit before tax fell 84.1% to £3.5 million in the first half, against a broadly flat market, while consumer revenue edged up 0.7% to £1.06 billion, driven by a 6.7% increase in veterinary sales as retail revenue declined 2.3%.
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PetMed Express Inc. Profile
| Pharmaceuticals Industry | Healthcare Sector | Leslie C. G. Campbell CEO | XMUN Exchange | US7163821066 ISIN |
| US Country | 287 Employees | 11 Aug 2023 Last Dividend | 4 Mar 1999 Last Split | 26 Apr 1999 IPO Date |
Overview
PetMed Express, Inc., with its subsidiaries, stands as a prominent pet pharmacy within the United States, offering a comprehensive range of health care products and medications for pets since its inception in 1996. Based in Delray Beach, Florida, the company has carved out a niche in the pet care market by distributing an assortment of prescription and non-prescription medications, health products, and supplies tailored for a variety of animals including dogs, cats, and horses. PetMed Express has established a robust distribution model utilizing its website, a mobile app, customer support centers, direct mail/print advertising, and television commercials, operating under well-known brands such as 1-800-PetMeds, PetCare Rx, and PetMeds.
Products and Services
- Non-Prescription Medications and Supplies
This category encompasses a broad selection of products aimed at enhancing pet health and well-being without the need for a veterinary prescription. Offerings include flea and tick control products to maintain pets free from pests; bone and joint care products designed to support mobility; vitamins and nutritional supplements to promote overall health; treats for rewards and training; hygiene products for grooming needs; and an assortment of supplies to ensure pets remain healthy and content.
- Prescription Medications
PetMed Express provides a myriad of prescription medications catering to a wide range of health issues faced by pets. These include heartworm preventatives to protect against the heartworm disease; flea and tick preventatives to fend off these common pests; medications for managing arthritis, dermatitis, and thyroid issues; treatments for diabetes and pain; as well as heart/blood pressure medications. The company also offers generic substitutes, providing cost-effective alternatives for pet owners.
- Supplementary Products
Beyond medications, the company stocks essential pet supplies such as food tailored to specific dietary needs, beds for comfort, crates for safety and transport, stairs to assist pets with mobility challenges, among other valuable accessories. These products underscore PetMed Express's commitment to catering to the comprehensive needs of pets and their owners.
Contact Information
