PetMed Express Postpones Fourth Quarter Financial Results Announcement
PetMed Express Stock Takes a Hit
Looks like PetMed Express (NASDAQ:PETS) had a rough Tuesday night, with shares plunging over 8% in after-hours trading. The reason? A delay in the release of their financial results for Q4 and fiscal year 2025.
Initially planned for release on June 10, 2025, the results have been pushed back to June 16 due to the requirement for additional time to complete the year-end audit process[1][3][4]. This unexpected postponement has left investors a tad uncertain, leading to the sudden stock dip.
As for the projected financials, PetMed Express is expected to report an unadjusted loss of $0.05 per share on $54M in revenue. Compared to the same quarter last year, this is a significant improvement, as they reported a loss of $0.25 per share on $66.5M in revenue[2].
Stay tuned for the detailed financial breakdown when PetMed Express finally releases their results. Keep an eye out for other notable earnings, such as from ADBE, ORCL, GME, GTLB, and CHWY, among others, in the week ahead.
[1] Extra audit time needed: Seeking Alpha[2] Expected financials: MarketWatch[3] Audit completion timeline: GlobeNewswire[4] Historical financial data: Yahoo Finance
Investors might find uncertainty in the finance sector, as the delay in PetMed Express's Q4 and fiscal year 2025 financial results could impact their investing decisions, potentially leading to adjustments in their business strategies. The unexpected postponement of the results from June 10 to June 16 is due to the requirement for additional time to complete the year-end audit process.
