PetMed Express, Inc. (PETS) reported third quarter net income of $7.6 million, or $0.38 per share, compared to net income of $6.8 million, or $0.34 per share, prior year. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.38, for the quarter. Analysts' estimates typically exclude special items.
Third quarter net sales were $65.9 million, compared to $59.9 million, a year ago, an increase of 10.0%. Analysts expected revenue of $63.81 million, for the quarter.
The Board of Directors declared a quarterly dividend of $0.28 per share on common stock. The dividend will be payable on February 12, 2021, to shareholders of record at the close of business on February 1, 2021.
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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.