The pet pharmacy delivered solid revenue and earnings growth. But its bottom-line improvement wasn't quite good enough to impress analysts.
News & Analysis: PetMed Express
PETS earnings call for the period ending June 30, 2020.
Investors were disappointed by an earnings miss of one penny.
Spending on pet health continues to climb. Investors should consider buying PetMed Express, Phibro Animal Health, and Merck & Co.
But acquiring new customers remains difficult.
The company benefited from a migration to online sales by consumers during the coronavirus-affected quarter.
PETS earnings call for the period ending March 31, 2020.
The online pet pharmacy topped analysts' earnings estimates but missed on the top line.
PETS earnings call for the period ending December 31, 2019.
These stocks can provide your portfolio with a lot of recurring cash flow.