PETS News and Press, PetMed Express Inc. From 01/17/23

PetMed Express ( NASDAQ: PETS ) has agreed to acquire PetCareRx, a supplier of pet medications, food, and supplies. The transaction is set to close in Q1/2023. The financial terms of the deal were not disclosed. The acquisition will see PetMeds expand its existing base of over...

DELRAY BEACH, Fla., Jan. 17, 2023 (GLOBE NEWSWIRE) -- PetMed Express, Inc. (“PetMeds®”) (NASDAQ: PETS), Your Trusted Pet Health Expert™, has reached a definitive agreement to acquire PetCareRx, a leading supplier of pet medications, food, and supplies. The combined...

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E-commerce stocks cooled down considerably in 2022. PetMed Express (NASDAQ: PETS) is not unique among this cohort in that it slumped about 40% from its previous highs in 2022. However, while many of these stocks were unprofitable or trading at sky-high multiples, PetMed Express is profita...

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