PetMed Express Q4 Profit Tops View - Quick Facts

(RTTNews) - PetMed Express Inc. (PETS) reported that its fourth-quarter net income was $4.95 million or $0.25 per share, up from last year's $4.53 million or $0.23 per share in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.23 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the latest fourth quarter increased 2.8% to $49.99 million from $48.63 million last year, while 5 analysts had a consensus revenue estimate of $49.11 million for the quarter.

Further, The Board of Directors declared an increased quarterly dividend of $0.18 per share on its common stock. The dividend will be payable on May 22, 2015, to shareholders of record at the close of business on May 15, 2015.