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Earnings Data
Report Date
Jul 27, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.12Last Year’s EPS
-0.07Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call highlights meaningful operational, governance and technology progress — including remediation of material weaknesses, cost-savings actions (~$6.1M annualized), Q4 sequential sales improvement, expanded tech infrastructure, and a clean balance sheet with $21.4M cash and no debt. However, these positives were offset by significant financial deterioration: a 21.1% decline in FY sales, a substantial FY net loss of $57.3M driven largely by a $26.7M goodwill impairment and other nonrecurring charges, and negative adjusted EBITDA of $15.4M. Management emphasized stabilization and early signs of improvement in the second half, but the magnitude of the year-over-year deterioration in top-line and profitability represents a material near-term challenge.Company Guidance
Sequential Q4 Improvement and Lower Q4 Net Loss
Q4 net sales of $42.8M (down 15.6% YoY) showed a sequential quarterly increase from Q3 — the first Q4 sequential increase since FY2024. Q4 net loss improved to $4.1M ($0.19 per diluted share) vs. $11.6M ($0.56) in the prior-year quarter.
Gross Margin Expansion in Q4
Q4 gross profit of $13.9M with gross margin of 32.6% vs. 29.9% prior year, a 270 basis-point improvement primarily driven by the settlement of the New York sales tax liability.
Full-Year Cost Savings and Lowered Cost Structure
Exited underperforming vendor relationships expected to yield approximately $6.1M in annualized savings and G&A for Q4 down 8.6% YoY ($11.4M vs $12.5M) reflecting cost optimization efforts.
Remediation of Material Weaknesses and Governance Actions
Fully remediated three previously disclosed material weaknesses (tone at the top, complex accounting issues, and income taxes) and completed external auditor change to Baker Tilly U.S. LLP; filings brought current (10-K and subsequent quarterly filings).
Technology and Operational Modernization
Implemented new ERP, new fraud prevention system, and new call center technology, modernizing the tech stack and reducing operational risk; these are positioned to support improved customer experience and retention.
Operational and Customer Improvements
Second-half 'green shoots' observed: improvements in prescription medication sales, prescription and nonprescription food sales, autoship sign-ups, and improved customer-facing operational metrics and employee satisfaction.
Strong Balance Sheet Liquidity and No Debt
As of March 31, 2026, cash and cash equivalents of $21.4M and zero debt, providing liquidity to support operations and transformation efforts.
Strategic B2B Growth Opportunities
Pursuing B2B expansion including white-label pharmacy fulfillment and a Master Services Agreement with Rural King to leverage pharmacy infrastructure and reach new customers.
PETS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PETS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 02, 2026 | $2.13 | $1.78 | -16.43% |
Jan 27, 2026 | $3.27 | $3.24 | -0.92% |
Nov 03, 2025 | $2.57 | $2.44 | -5.06% |
Jul 28, 2025 | $3.77 | $3.55 | -5.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Petmed Express (PETS) report earnings?
Petmed Express (PETS) is schdueled to report earning on Jul 27, 2026, Before Open (Confirmed).
What is Petmed Express (PETS) earnings time?
Petmed Express (PETS) earnings time is at Jul 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PETS EPS forecast?
PETS EPS forecast for the fiscal quarter 2027 (Q1) is 0.12.

