PetMed Express: Caught In The Crossfire And Cracks Showing – Sell
With competitive intensity rising in the pet food & supply space, PetMed Express lacks the scale to compete against larger entrants. The Pet Pharmacy is the source of its high gross margins and that is coming under attack from Chewy and Walmart. PetMed Express’ new customers are declining and needs to double its advertising spend. Target price …
News story posted on 2020-01-24T05:09:00.0000000Z
