Pets at Home Group (PETS:NASDAQ) Annual Reports & Investor Relations Material

Overview

PetMed Express Rides High with Strong Sales in Pet Pharmacy Market PetMed Express, Inc., a leading pet pharmacy operating in the United States, announced strong sales figures for the latest quarter. The company's total sales rose 7.3% year-over-year to $79.8 million, and net income was up by 23.7% to $8.8 million. PetMed Express markets prescription and non-prescription pet medications, health products, and other supplies primarily for dogs, cats, and horses. Its products range from flea and tick control to vitamins and nutritional supplements. The company takes pride in providing both prescription and non-prescription products, offering specialty medication for dogs and cats with arthritis, thyroid issues, diabetes, and more. Its generic program allows pet owners to save money while still providing quality medication for their furry friends. PetMed Express sells its products through several channels, including its website, mobile app, telephone contact center, and direct mail/print. Its branding has also extended to television advertising with its well-recognized 1-800-PetMeds and PetMeds brands. The Florida-based company, incorporated in 1996, has seen a bump in sales from the pandemic pet boom. Pet ownership increased last year, and as more people work remotely, pet parents have increased their spend on companion animals. The market trend is favourable to pet pharmacy companies like PetMed Express, which are experiencing steady growth as more pet owners seek convenient and affordable ways to provide their pets with health products and medication.

Frequently Asked Questions

What is Pets at Home Group's ticker?

Pets at Home Group's ticker is PETS

What exchange is Pets at Home Group traded on?

The company's shares trade on the NASDAQ stock exchange

Where are Pets at Home Group's headquarters?

They are based in Pompano Beach, Florida

How many employees does Pets at Home Group have?

There are 51-200 employees working at Pets at Home Group

What is Pets at Home Group's website?

It is investors.petsathome.com

What type of sector is Pets at Home Group?

Pets at Home Group is in the Healthcare sector

What type of industry is Pets at Home Group?

Pets at Home Group is in the Drug Delivery industry

Who are Pets at Home Group's peers and competitors?

The following five companies are Pets at Home Group's industry peers:

- Delcath Systems

- Acura Pharmaceuticals, Inc.

- Adamis Pharmaceuticals

- Nektar Therapeutics

- Pets at Home Group