PetMed Express Reports 16% Increase In Revenue For Second Quarter

PetMed Express Inc. of Pompano Beach, Fla., recently reported net income of $5.82 million on revenue of $59.57 million for its second quarter ended Sept. 30, compared to net income of $4.53 million on revenue of $51.54 million in the year-ago period. This represents a net income increase of 33 percent and revenue increase of 16 percent.

Year to date, the company reported net income of $12.44 million on revenue of $127.94 million, compared to net income of $10.71 million on revenue of $110.56 million in the year-ago period.

The company’s reorder sales increased 18 percent to $41.4 million for the second quarter, compared to $35 million in the year-ago period. Year to date, reorder sales increased 17 percent to $87.6 million, compared to $75 million in the year-ago period.
 
New order sales increased 11 percent to $18.2 million for the quarter, compared to $16.5 million in the year-ago period.

<HOME>

 

Leave a Comment

Comments

Your email address will not be published. Required fields are marked *

Register

Sign-up for your account with Veterinary Practice News. Your account gives you unlimited free access to our Newsletter Archives and our Digital Editions of Veterinary Practice News.
Please check the box below to confirm you would like to be added to Kenilworth Media’s various e-mail communications (includes e-newsletters, a survey now and then, and offers to the veterinarian industry*).
 

Leave this empty:

*We do not sell your e-mail address to 3rd parties, we simply forward their offers to you. Of course, you always have the right to unsubscribe from any communications you receive from us, should you change your mind in the future.