PetMed Express, Inc. (PETS): A Bear Case Theory

We came across a bearish thesis on PetMed Express, Inc. (PETS) on Substack by Tiny Stock Ninja. In this article, we will summarize the bears’ thesis on PETS. PetMed Express, Inc. (PETS)'s share was trading at $4.67 as of Nov 26^th. PETS’s trailing P/E was 21.55 according to Yahoo Finance.

[caption id="attachment_1202202" align="aligncenter" width="768"] A close-up shot of a store shelf stocked with pet food and supplies.[/caption]

Following the review of PETS' Q2 2025 earnings and the recent Sidoti Conference presentation, there is a cautious outlook on the company's prospects....