Press release
Investigation announced for Investors in shares of PetMed Express, Inc. (NASDAQ: PETS) over potential Wrongdoing
An investigation on behalf of investors in PetMed Express, Inc. (NASDAQ: PETS) shares over potential wrongdoing at PetMed Express.
Investors who purchased shares of PetMed Express, Inc. (NASDAQ: PETS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain PetMed Express directors breached their fiduciary duties and caused damage to the company and its shareholders.
Delray Beach, FL based PetMed Express, Inc., together with its subsidiaries, operates as a pet pharmacy in the United States. PetMed Express, Inc. reported that its Total Revenue declined from $273.41 million in 2022 to $256.85 million in 2023 and that its Net Income declined from $21.1 million in 2021 to $0.233 million in 2023.
On October 30, 2023, PetMed Express, Inc. announced its Q2 2023 results, reporting, among other things, that dividends will be suspended for the Company to invest in projects and initiatives that can give better returns. Previously, PetMed has declared a $0.30 per share dividend for 10 consecutive quarters. In addition, the Company reported net sales of $71M, missing estimates by $5M.
Shares of PetMed Express, Inc. (NASDAQ: PETS) declined from $22.64 per share in February 2023 to as low as $5.50 per share on October 31, 2023.
Those who purchased shares of PetMed Express, Inc. (NASDAQ: PETS) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors in shares of PetMed Express, Inc. (NASDAQ: PETS) over potential Wrongdoing here
News-ID: 3494996 • Views: …
More Releases from Shareholders Foundation, Inc.
Novo Nordisk A/S (NYSE: NVO) Long Term Investor Alert: Investigation of potentia …
An investigation on behalf of current long-term investors in shares of Novo Nordisk A/S (NYSE: NVO) concerning potential breaches of fiduciary duties by certain directors and officers was announced.
Investors who are current long term investors in Novo Nordisk A/S (NYSE: NVO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for long term investors in…
Lawsuit filed for Investors who lost money with shares of Fortinet, Inc. (NASDAQ …
An investor, who purchased shares of Fortinet, Inc. (NASDAQ: FTNT), filed a lawsuit over alleged violations of Federal Securities Laws by Fortinet, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fortinet, Inc. (NASDAQ: FTNT) have certain options and for certain investors are short and strict deadlines running. Deadline: November 21, 2025. NASDAQ: FTNT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)…
CTO Realty Growth, Inc. (NYSE: CTO) Investor Alert: Deadline in Lawsuit on Octob …
A deadline is coming up on October 07, 2025in the lawsuit filed for certain investors of CTO Realty Growth, Inc. (NYSE: CTO) over alleged securities laws violations by CTO Realty Growth, Inc.
Investors who purchased shares of CTO Realty Growth, Inc. (NYSE: CTO) have certain options and there are strict and short deadlines running. Deadline: October 07, 2025. CTO Realty Growth, Inc. (NYSE: CTO) stockholders should contact the Shareholders Foundation at…
Alert: Lawsuit filed for Investors who lost money with shares of Jasper Therapeu …
An investor, who purchased shares of Jasper Therapeutics, Inc. (NASDAQ: JSPR), filed a lawsuit over alleged violations of Federal Securities Laws by Jasper Therapeutics, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Jasper Therapeutics, Inc. (NASDAQ: JSPR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 18, 2025. NASDAQ: JSPR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for PetMed
Pet Care E commerce Market May See a Big Move | PetMed Express, Groomers Delight …
Latest business intelligence report released on Global Pet Care E commerce Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market…
Investigation announced for Investors who lost money with shares of PetMed Expre …
An investigation was announced over potential securities laws violations by PetMed Express, Inc. in connection with certain financial statements.
Investors who purchased shares of PetMed Express, Inc. (NASDAQ: PETS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of PetMed Express, Inc. (NASDAQ: PETS) concerning whether a…
Pet Care E commerce Market May Set Epic Growth Story | Amazon.com, Chewy.com, Pe …
Advance Market Analytics published a new research publication on "Pet Care E commerce Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Pet Care E commerce market was mainly driven by the increasing R&D spending across the world.
Some of the…
Pet Care E commerce Market Seeking Excellent Growth | PetSmart, PETstock, Petco …
Latest added Pet Care E commerce Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Amazon.com (United States), Chewy.com (United States), Petco Animal Supplies, Inc. (United States), PetMed Express,…
Pet Medical Market SWOT Analysis by Key Players- Zoetis, IDEXX, Heska, PetMed
The Latest Released Worldwide Pet Medical market study has evaluated the future growth potential of Worldwide Pet Medical market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, emerging trends along with essential…
Pet Care E commerce Market to See Massive Growth by 2026 | Chewy.com, Petco Anim …
Advance Market Analytics published a new research publication on “Global Pet Care E commerce Market Insights, to 2026” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Pet Care E commerce market was mainly driven by the increasing R&D spending across the world.
Some of…
