PetMed Express Inc. (PETS) reported fourth quarter net income of $0.20 per share Monday morning, compared to $0.19 per share last year. The consensus estimate was for EPS of $0.18. Net sales came in at $55.9 million, compared to $50.9 million in the prior year. The consensus estimate was for revenues of $52.05 million.
PetMed Express sharply declined during the first half of the morning Monday and closed down by 2.69 at $11.07 on the highest volume of the year. The stock sank to a 3 1/2 month low and dropped below its 50-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.