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PetCareRx

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uuid00069ae

Namestring
PetCareRx
Legal namestring
PetCareRx, Inc.
Websiteurl
petcarerx.com
Company typeenum
Private
Founded yearint
2001
Descriptiontext

PetCareRx is a direct-to-consumer online pet pharmacy and supplies retailer, founded in 1998 and headquartered in Lynbrook, New York, that operates as a wholly-owned subsidiary of PetMed Express, Inc. (NASDAQ: PETS) following a $36 million acquisition completed in April 2023. The platform serves U.S. pet owners in all 50 states, dispensing prescription and over-the-counter medications (flea/tick, heartworm, arthritis, urinary, vitamins) for dogs and cats, plus a broad adjacents catalog covering dry, wet, and freeze-dried food; prescription therapeutic diets (Hill's, Royal Canin, Purina Pro Plan Veterinary, Blue Buffalo Natural Veterinary); accessories, grooming, training, crates, toys, treats, and travel/outdoor supplies. Its core technology is an e-commerce pharmacy stack that handles prescription verification by contacting the veterinarian, supports automatic refills/auto-delivery, and ships direct to consumer.

Short descriptiontext

PetCareRx is a U.S. direct-to-consumer online pet pharmacy and supplies retailer, serving dog and cat owners across all 50 states with prescription and OTC medications, food, prescription diets, and accessories under a parent-owned PetMed Express (NASDAQ: PETS) subscription and auto-refill model.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersLynbrook, United States
HQ citystring
Lynbrook
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
online pet pharmacy, pet medications, pet supplies retail, pet prescription fulfillment, pet food nutrition
Industry2 codes
PRIMARYCRALAHAD
Pet Pharmacy Retail (Prescription)
SECONDARYCRALAHAC
Pet Health & Wellness Retail (Supplements, OTC, Flea/Tick)
NAICS code2 codes
  • Pet and Pet Supplies Retailers45991
  • Pet and Pet Supplies Retailers459910
SIC code1 code
  • Pharmaceutical Preparations2834
Product category
Online Pet Pharmacy & Pet Supplies Retail
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1E-commerce Retail Sales
TypeTransaction Fee
Description

Direct sales of pet medications, food, and supplies through petcarerx.com website. Revenue generated from individual transactions with customers purchasing prescription and non-prescription pet products.

petcarerx.com
2PetPlus Membership Subscription
TypeSubscription Recurring
Description

Annual subscription program at $139.95/year providing members with up to 40% off sitewide, unlimited free shipping, and 24/7 Virtual Vet consultations. Recurring revenue stream from loyal customers.

petcarerx.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Marketing or Sales, Personnel, Technology or R&D, Infrastructure
Pricing details2 tiers
1Standard coupon pricing with CARE25 code
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

25% off list price with discount code on prescription medications, food, and supplies. Free standard shipping on orders over $48. Some products not eligible for additional discounts due to MAP (Minimum advertised price) policies.

petcarerx.com
2PetPlus Annual Membership
ModelSubscriptionBilling cadenceAnnual
Notes

Starting at $139.95/year. Benefits include: up to 40% off sitewide, unlimited free shipping with no order minimums, 100% money-back guarantee, 24/7 Virtual Vet consultations, and in-store pickup of medications.

petcarerx.com
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

PetCareRx is a direct-to-consumer online pet pharmacy and supplies retailer licensed in all 50 U.S. states, selling prescription and non-prescription pet medications, food, treats, and accessories for dogs and cats. The platform verifies prescriptions directly with veterinarians, schedules automatic refills, and delivers products to customers' homes. The PetPlus annual membership program at $139.95/year offers up to 40% off sitewide, free shipping, and 24/7 virtual vet consultations.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

PetCareRx is a direct-to-consumer online pet pharmacy and pet supplies platform operating as a subsidiary of PetMed Express (PetMeds). The platform offers a comprehensive portfolio consisting of its core online pet pharmacy service providing prescription and non-prescription medications for dogs and cats across all 50 states, supplemented by the PetPlus annual membership program offering savings up to 40% off sitewide with 24/7 virtual vet consultations. The product lineup includes pet medications (flea/tick preventatives, heartworm treatments, antibiotics), food and nutrition products (dry/wet/freeze-dried food from brands like Hill's, Royal Canin, Purina, Blue Buffalo), prescription therapeutic diets, accessories (collars, harnesses, leashes), grooming supplies, toys, crates/furniture, training products, and travel accessories. The April 2023 acquisition by PetMed Express for $36 million enabled integration of telehealth capabilities and expansion into food, diet, and wellness offerings.

Product and service13 records
1PetCareRx Online Pet Pharmacy
CategoryPet Pharmacy
Description

A direct-to-consumer online pet pharmacy licensed across all 50 states, offering prescription and non-prescription pet medications for dogs and cats with vet verification and automatic refill capabilities.

2PetPlus Membership Program
CategoryMembership / Subscription
Description

An annual savings program offering up to 40% off sitewide, free shipping with no order minimums, 24/7 virtual vet consultations, and a 100% money-back guarantee for recurring pet supply orders.

3Pet Food and Nutrition
4Flea and Tick Medications
5Heartworm and Deworming Medications
6Prescription Therapeutic Diets
7Pet Accessories and Apparel
8Pet Crates and Furniture
9Pet Toys
10Dog Treats
11Pet Cleaning and Grooming Supplies
12Training and Behavior Products
13Travel and Outdoor Supplies
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeOthers
Description

Hill's sells Prescription Diet and Science Diet direct and through authorized retailers including PetCareRx. Comparable as an upstream supplier in the prescription diet category PetCareRx resells, with implications for channel control and margin.

TypeDirect peer
Description

Chewy's online pharmacy sells prescription pet medications alongside its broader pet supplies and food catalog. Highly comparable given direct competition in DTC pet pharmacy, autoship subscription model, and larger scale.

TypeBroad incumbent
Description

Amazon sells pet prescription and OTC medications through its marketplace and increasingly via Amazon Pharmacy. Comparable on DTC pharmacy distribution, but operates at massive scale as part of a general e-commerce platform rather than as a pet-focused specialist.

TypeDirect peer
Description

Sister brand under PetMed Express (NASDAQ: PETS); operates the same direct-to-consumer online pet pharmacy model selling prescription and OTC pet medications, food, and supplies. Most direct comparable given shared parent, identical assortment, and overlapping customer base.

TypeDirect peer
Description

Licensed online pet pharmacy offering prescription and OTC pet medications with vet verification and auto-refill. Directly comparable as a smaller, pharmacy-focused DTC player competing for the same prescription medication customers.

TypeDirect peer
Description

Chewy acquired the legacy Drs. Foster & Smith online pet pharmacy catalog; comparable assortment of prescription diets, OTC medications, and supplies with similar subscription and autoship model.

TypeEmerging player
Description

Online retailer of pet medications and supplies positioned on discount pricing. Comparable as a price-led DTC pet pharmacy but smaller scale and lacking NABP certification/licensed pharmacy positioning.

TypeBroad incumbent
Description

PetSmart operates an online pet pharmacy within its broader pet retail empire (now part of a Chewy-affiliated structure). Comparable on prescription fulfillment but embedded in a larger omnichannel pet retailer.

TypeDirect peer
Description

VetSource is an online pet pharmacy that fulfills prescriptions through veterinary practices (B2B2C) rather than pure DTC. Comparable as a licensed online pet pharmacy selling prescription medications and diets, with similar compliance requirements.

TypeBroad incumbent
Description

Walmart's pet pharmacy is part of a broad retail and pharmacy portfolio; sells prescription pet medications alongside human pharmacy and general merchandise. Overlaps in prescription fulfillment but is a multi-vertical incumbent rather than a pet specialist.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

PetCareRx

Online Pet Pharmacy & Pet Supplies Retailpetcarerx.com

PetCareRx is a U.S. direct-to-consumer online pet pharmacy and supplies retailer, serving dog and cat owners across all 50 states with prescription and OTC medications, food, prescription diets, and accessories under a parent-owned PetMed Express (NASDAQ: PETS) subscription and auto-refill model.

What PetCareRx does

PetCareRx is a direct-to-consumer online pet pharmacy and supplies retailer, founded in 1998 and headquartered in Lynbrook, New York, that operates as a wholly-owned subsidiary of PetMed Express, Inc. (NASDAQ: PETS) following a $36 million acquisition completed in April 2023. The platform serves U.S. pet owners in all 50 states, dispensing prescription and over-the-counter medications (flea/tick, heartworm, arthritis, urinary, vitamins) for dogs and cats, plus a broad adjacents catalog covering dry, wet, and freeze-dried food; prescription therapeutic diets (Hill's, Royal Canin, Purina Pro Plan Veterinary, Blue Buffalo Natural Veterinary); accessories, grooming, training, crates, toys, treats, and travel/outdoor supplies. Its core technology is an e-commerce pharmacy stack that handles prescription verification by contacting the veterinarian, supports automatic refills/auto-delivery, and ships direct to consumer.

PetCareRx firmographics

Firmographics
Name
PetCareRx
Legal name
PetCareRx, Inc.
Website
https://petcarerx.com
Company type
Private
Founded year
2001
Operating status
Operating
Headcount range
51–100 employees
Short description
PetCareRx is a U.S. direct-to-consumer online pet pharmacy and supplies retailer, serving dog and cat owners across all 50 states with prescription and OTC medications, food, prescription diets, and accessories under a parent-owned PetMed Express (NASDAQ: PETS) subscription and auto-refill model.
Ownership category
akta.pro rank

PetCareRx industry classification

Industry
Product category
Online Pet Pharmacy & Pet Supplies Retail
NAICS
Pet and Pet Supplies Retailers (45991), Pet and Pet Supplies Retailers (459910)
SIC
Pharmaceutical Preparations (2834)
akta.pro industry
PRIMARYCRALAHAD
Pet Pharmacy Retail (Prescription)
SECONDARYCRALAHAC
Pet Health & Wellness Retail (Supplements, OTC, Flea/Tick)

Keywords

  • Online pet pharmacy
  • Pet medications
  • Pet supplies retail
  • Pet prescription fulfillment
  • Pet food nutrition

Where PetCareRx is headquartered

Location

Headquarters

HQ city
Lynbrook
HQ country
United States
HQ region
North America

Offices1 record

Markets served

PetCareRx business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Operations, Supply Chain, Marketing or Sales, Personnel, Technology or R&D, Infrastructure

Revenue model

  1. E-commerce Retail Sales: Direct sales of pet medications, food, and supplies through petcarerx.com website. Revenue generated from individual transactions with customers purchasing prescription and non-prescription pet products.
  2. PetPlus Membership Subscription: Annual subscription program at $139.95/year providing members with up to 40% off sitewide, unlimited free shipping, and 24/7 Virtual Vet consultations. Recurring revenue stream from loyal customers.

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goStandard coupon pricing with CARE25 code
SubscriptionAnnualPetPlus Annual Membership

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

PetCareRx product offering

Product offering

Core offering

PetCareRx is a direct-to-consumer online pet pharmacy and supplies retailer licensed in all 50 U.S. states, selling prescription and non-prescription pet medications, food, treats, and accessories for dogs and cats. The platform verifies prescriptions directly with veterinarians, schedules automatic refills, and delivers products to customers' homes. The PetPlus annual membership program at $139.95/year offers up to 40% off sitewide, free shipping, and 24/7 virtual vet consultations.

Product overview

PetCareRx is a direct-to-consumer online pet pharmacy and pet supplies platform operating as a subsidiary of PetMed Express (PetMeds). The platform offers a comprehensive portfolio consisting of its core online pet pharmacy service providing prescription and non-prescription medications for dogs and cats across all 50 states, supplemented by the PetPlus annual membership program offering savings up to 40% off sitewide with 24/7 virtual vet consultations. The product lineup includes pet medications (flea/tick preventatives, heartworm treatments, antibiotics), food and nutrition products (dry/wet/freeze-dried food from brands like Hill's, Royal Canin, Purina, Blue Buffalo), prescription therapeutic diets, accessories (collars, harnesses, leashes), grooming supplies, toys, crates/furniture, training products, and travel accessories. The April 2023 acquisition by PetMed Express for $36 million enabled integration of telehealth capabilities and expansion into food, diet, and wellness offerings.

Differentiator

Problem solved

Functional benefit

Products and services

  • PetCareRx Online Pet Pharmacy A direct-to-consumer online pet pharmacy licensed across all 50 states, offering prescription and non-prescription pet medications for dogs and cats with vet verification and automatic refill capabilities.
  • PetPlus Membership Program An annual savings program offering up to 40% off sitewide, free shipping with no order minimums, 24/7 virtual vet consultations, and a 100% money-back guarantee for recurring pet supply orders.
  • Pet Food and Nutrition
  • Flea and Tick Medications
  • Heartworm and Deworming Medications
  • Prescription Therapeutic Diets
  • Pet Accessories and Apparel
  • Pet Crates and Furniture
  • Pet Toys
  • Dog Treats
  • Pet Cleaning and Grooming Supplies
  • Training and Behavior Products
  • Travel and Outdoor Supplies

Companies that use PetCareRx

Customer profile

Segments2 records

Ideal customer profiles2 records

PetCareRx technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

PetCareRx partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

PetCareRx competitors and assessment

Company assessment

Others

  • Hill's Pet Nutrition (Direct): Hill's sells Prescription Diet and Science Diet direct and through authorized retailers including PetCareRx. Comparable as an upstream supplier in the prescription diet category PetCareRx resells, with implications for channel control and margin.

Direct peers

  • Chewy Pharmacy: Chewy's online pharmacy sells prescription pet medications alongside its broader pet supplies and food catalog. Highly comparable given direct competition in DTC pet pharmacy, autoship subscription model, and larger scale.
  • PetMeds (1-800-PetMeds): Sister brand under PetMed Express (NASDAQ: PETS); operates the same direct-to-consumer online pet pharmacy model selling prescription and OTC pet medications, food, and supplies. Most direct comparable given shared parent, identical assortment, and overlapping customer base.
  • Allivet: Licensed online pet pharmacy offering prescription and OTC pet medications with vet verification and auto-refill. Directly comparable as a smaller, pharmacy-focused DTC player competing for the same prescription medication customers.
  • Chewy Pharmacy (Drs. Foster & Smith legacy): Chewy acquired the legacy Drs. Foster & Smith online pet pharmacy catalog; comparable assortment of prescription diets, OTC medications, and supplies with similar subscription and autoship model.
  • VetSource: VetSource is an online pet pharmacy that fulfills prescriptions through veterinary practices (B2B2C) rather than pure DTC. Comparable as a licensed online pet pharmacy selling prescription medications and diets, with similar compliance requirements.

Broad incumbents

  • Amazon Pharmacy (Pet Medications): Amazon sells pet prescription and OTC medications through its marketplace and increasingly via Amazon Pharmacy. Comparable on DTC pharmacy distribution, but operates at massive scale as part of a general e-commerce platform rather than as a pet-focused specialist.
  • PetSmart Pharmacy: PetSmart operates an online pet pharmacy within its broader pet retail empire (now part of a Chewy-affiliated structure). Comparable on prescription fulfillment but embedded in a larger omnichannel pet retailer.
  • Walmart Pet Pharmacy: Walmart's pet pharmacy is part of a broad retail and pharmacy portfolio; sells prescription pet medications alongside human pharmacy and general merchandise. Overlaps in prescription fulfillment but is a multi-vertical incumbent rather than a pet specialist.

Emerging players

  • BudgetPetCare: Online retailer of pet medications and supplies positioned on discount pricing. Comparable as a price-led DTC pet pharmacy but smaller scale and lacking NABP certification/licensed pharmacy positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

PetCareRx social profiles

Digital presence

PetCareRx financial estimates

Financial estimate

Revenue estimate

Valuation estimate

PetCareRx leadership team

Management profile

Number of profiles

Profiles2 records

PetCareRx funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

PetCareRx M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PetCareRx

What does PetCareRx do?

PetCareRx is a direct-to-consumer online pet pharmacy and supplies retailer licensed in all 50 U.S. states, selling prescription and non-prescription pet medications, food, treats, and accessories for dogs and cats. The platform verifies prescriptions directly with veterinarians, schedules automatic refills, and delivers products to customers' homes. The PetPlus annual membership program at $139.95/year offers up to 40% off sitewide, free shipping, and 24/7 virtual vet consultations.

Is PetCareRx a public or private company?

PetCareRx is a private company. It is classified as corporate owned and is currently operating.

When was PetCareRx founded?

PetCareRx was founded in 2001. It employs 51 to 100 people.

Where is PetCareRx based?

PetCareRx is headquartered in Lynbrook, United States, in the North America region.

How does PetCareRx make money?

Two revenue lines are on record. E-commerce Retail Sales are the primary driver. The others are petPlus Membership Subscription.

Who are PetCareRx's main competitors?

Hill's Pet Nutrition (Direct) is listed as an others. Direct peers are Chewy Pharmacy, PetMeds (1-800-PetMeds), Allivet, Chewy Pharmacy (Drs. Foster & Smith legacy) and VetSource. Broad incumbents are Amazon Pharmacy (Pet Medications), PetSmart Pharmacy and Walmart Pet Pharmacy. BudgetPetCare is listed as an emerging player.

Does PetCareRx have an API?

No public API is recorded for PetCareRx.

What industry is PetCareRx in?

PetCareRx's product category is Online Pet Pharmacy & Pet Supplies Retail. Its primary akta.pro industry code is CRALAHAD, Pet Pharmacy Retail (Prescription), with a secondary code of CRALAHAC, Pet Health & Wellness Retail (Supplements, OTC, Flea/Tick). Its NAICS code is 45991 and its SIC code is 2834.

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Live signals
Stock TitanPetMed Express Q4 and 2026 results due June 2PetMed Express, Inc. announced it will report fourth quarter and fiscal year 2026 financial results on June 2, 2026, after market close, with a conference call and webcast scheduled for the same day. The company, which operates under the PetMeds brand and owns PetCareRx subsidiary, is a direct-to-consumer pet pharmacy licensed across all 50 states. This is a routine earnings announcement notice containing no actual financial results or material disclosures.GlobeNewswireOver-the-Counter (OTC) Pet Medication Research Report 2026: $12.16 Bn Market Opportunities, Trends, Competitive Landscape, Strategies, and Forecasts, 2020-2025, 2025-2030F, 2035FThe global over-the-counter (OTC) pet medication market is projected to grow from $9.15 billion in 2025 to $12.16 billion by 2030, driven by rising pet ownership, increased health awareness, and e-commerce expansion. Zoetis Inc. is highlighted as an innovation leader, having developed FDA-approved Oclacitinib chewable tablets for canine allergic dermatitis, while PetMed Express Inc.'s acquisition of PetCareRx Inc. in April 2023 exemplifies strategic consolidation in the sector. North America led the market in 2025, though the industry faces challenges from tariffs impacting import costs.openPR.comOutlook on the Over-The-Counter (OTC) Pet Medication Market: Major Segments, Strategic Developments, and Leading CompaniesThe OTC pet medication market is projected to reach $12.16 billion by 2030, growing at a 5.9% CAGR, driven by e-commerce expansion, preventive care awareness, and smart pet health monitoring technology. The article identifies key market segments, trends, and major players, and reports that PetMed Express Inc. acquired PetCareRx Inc. in April 2023 to strengthen its position in the online pet medication market. This is a market intelligence overview produced by The Business Research Company summarizing industry projections and strategic developments.openPR.comIn-Depth Examination of Segments, Industry Trends, and Key Competitors in the Veterinary Telehealth MarketA market research report by The Business Research Company projects the global veterinary telehealth market will reach $6.46 billion by 2030, growing at a compound annual growth rate of 25.5%, driven by AI integration, expanded telehealth platforms covering diverse animal species, and rising demand for preventive care. The report highlights two specific developments: US-based online pet pharmacy PetMeds acquired PetCareRx for $36 million in April 2023 to expand into food, diet, and wellness products and enhance its telehealth footprint, and PetHub Inc. launched an AI-powered wellness platform in May 2023 offering 24/7 veterinary telehealth access and a symptom checker. The veterinary telehealth landscape features numerous companies including FirstVet, Airvet, BondVet, Vetster, and others providing telemedicine, teleconsulting, and telemonitoring services across companion animals and livestock.openPR.comAnalysis of Segments and Major Growth Areas in the Over-The-Counter (OTC) Pet Medication MarketThe over-the-counter pet medication market is projected to reach $11.47 billion by 2029, growing at a compound annual growth rate of 5.8%, driven by rising pet ownership, increased preventive care awareness, and expanding product offerings. A notable development occurred in April 2023 when PetMed Express Inc. acquired PetCareRx Inc. to strengthen its online pet pharmacy position, while in October 2023 Zoetis Inc. launched two FDA-approved veterinary medications including the first FDA-approved chewable treatment for allergic itch in dogs. North America currently holds the largest market share, though the Asia-Pacific region is expected to show the fastest growth.GlobalpetindustryPetMeds reports 19% sales decline as it pulls back on marketing actionsOnline veterinary pharmacy PetMeds reported a 19% year-on-year sales decline for Q3 FY2025 (October–December 2024), with net sales falling to $52.9 million and a net loss of $700,000—a significant improvement from the prior year's $2 million loss. The company attributes the decline to fewer vet visits and intentional cuts in advertising spending, while pointing to a 19.7% reduction in general and administrative costs as a positive development. PetMeds is in the early stages of a turnaround that includes a November website overhaul, mobile app relaunch, and integration of its PetCareRx acquisition, targeting $5 million in annualized savings.BenzingaPetMed Express: A Stock To Watch For A Potential Turnaround - PetMed Express (NASDAQ:PETS)PetMed Express Inc. reported fiscal first-quarter earnings that missed expectations for the fifth consecutive quarter, posting a loss of 4 cents per share versus the 9 cents analysts had forecast, with the stock down 13.84% year-to-date. The company posted an 11% year-over-year revenue increase—the first growth in eight quarters—along with 25% new customer growth for the third straight quarter, driven partly by its acquisition of PetCareRx in April. Wall Street maintains a consensus "hold" rating with a $18.50 price target representing 34% upside, suggesting a potential turnaround may be forming over the next 12 to 18 months.GlobeNewswirePetMeds® Completes Acquisition of PetCareRxPetMeds completed its acquisition of PetCareRx for approximately $36 million in all cash. The deal adds about 10,000 food, diet, and wellness products to PetMeds' catalog. PetCareRx's e-commerce operation and brand will continue separately.GlobeNewswirePetMeds® to Acquire PetCareRxPetMeds reached a definitive agreement to acquire PetCareRx, a pet medication and supplies supplier. The deal adds about 10,000 incremental products and an immediate revenue boost, with closing expected in Q1 2023. PetMeds plans to keep PetCareRx's e-commerce operation running separately.ForbesPetMeds Expands Its Reach With Acquisition Of PetCareRxPetMed Express has agreed to acquire PetCareRx in an all-cash transaction valued at $36 million, expected to close in the first quarter of this year. The acquisition adds 200,000 customers and a larger product catalog to PetMed Express, enabling it to expand beyond prescription medicines into premium food and supplements. This strategic move aims to accelerate revenue growth and increase customer engagement through more frequent interactions.