PetMed Express Sales Up 72%

Pompano Beach, FL-based PetMed Express (OCTBB: PETS), which mails a catalog of pet medications and supplies, posted a 299% rise in annual net income, to $3.3 million for the fiscal year ended March 31. Last year, net income totaled $825,000. Net sales increased 72%, to $55.0 million from $32.0 million.