PetMed Express has entered a strategic partnership with Rural King to launch a new pet pharmacy platform, broadening access to prescription medications and pet healthcare products across Rural King's retail and digital channels. Under the agreement, PetMeds will provide pharmacy infrastructure, licensed pharmacists, and e-commerce capabilities. The company reported fourth-quarter revenue of $42.82 million, down from $50.76 million a year earlier, though management noted a sequential increase in quarterly net sales. Interim CEO Leslie Campbell said the company focused on stabilizing core operations and strengthening the foundation for long-term value creation through cost-reduction and efficiency initiatives. PetMed Express also plans to improve customer retention, expand business-to-business relationships, and leverage membership programs and white-label pharmacy fulfillment services.
PetMed Express IncPartnership with Rural King expands distribution and access to pet pharmacy products, likely boosting customer reach and sales.
Rural King gains a new pet pharmacy platform, enhancing its retail and digital offerings for customers.