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How PetMed Express Dropped the Ball With Its Q3 Results


PetMed Express (NASDAQ: PETS) got off to a good start in 2020, with shares climbing more than 15% coming into this week. That's much better than the paltry 1% gain the stock delivered in 2019.

But what goes up can come down. PetMed Express announced its third-quarter results before the market opened on Tuesday, and the stock's decline of nearly 6% in early trading provided a big hint that the online pet pharmacy dropped the ball in Q3. Here are the highlights from PetMed's latest quarterly update.

Image source: Getty Images.

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Source Fool.com

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