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Why PetMed Express Stock Was Falling Today

Why PetMed Express Stock Was Falling Today

Shares of PetMed Express (NASDAQ: PETS) were slipping today after the online pet pharmacy posted disappointing results in its third-quarter earnings report. Reorder sales were up 11.9% to $60.2 million, showing solid customer retention, though that growth rate decelerated from earlier in the fiscal year.