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PetMed Express, Inc. Sets Fourth Quarter and Full Fiscal Year 2025 Earnings Call
Globenewswire· 2025-05-27 20:05
Core Viewpoint - PetMed Express, Inc. will hold a conference call to discuss its financial results for the fourth quarter and full fiscal year ended March 31, 2025, on June 10, 2025 [1][2]. Company Overview - PetMed Express, Inc., operating as PetMeds, is a pioneer in the direct-to-consumer pet healthcare sector, founded in 1996 [3]. - The company is a licensed national online pharmacy across all 50 states, providing a range of pet health solutions including pharmaceuticals, compounded medications, and OTC supplements [3]. - PetMeds aims to empower pet owners to enhance the health and longevity of their pets through value, convenience, and care [3]. Conference Call Details - The conference call is scheduled for June 10, 2025, at 4:30 PM Eastern Time, with a question-and-answer session following the management's presentation [2]. - Participants are encouraged to dial in 5-10 minutes prior to the start time using the provided U.S. and international numbers [2]. - A telephonic replay of the conference call will be available after 7:30 PM Eastern Time on the same day until June 24, 2025 [2][3].
Walgreens Opens New Micro-Fulfillment Center in Brooklyn Park
ZACKS· 2025-05-22 13:31
Company Overview - Walgreens Boots Alliance, Inc. (WBA) has opened a new micro-fulfillment center (MFC) in Brooklyn Park, MN, aimed at streamlining prescription processing and enhancing personalized care for patients [1] - The MFC will support nearly 200 Walgreens stores across the Midwest, processing approximately 13 million prescriptions annually and creating over 175 jobs in the area [2] Operational Efficiency - Walgreens operates a network of 12 MFCs that support over 5,000 stores in the U.S., fulfilling more than 3.5 million prescriptions weekly, resulting in a 24% year-over-year increase in shipped volumes [3] - Approximately 40% of a store's total prescription volume is managed by MFCs, which also implemented a recycling program that recycled 3.7 million pounds of materials in fiscal 2024 [4] Industry Prospects - The retail pharmacy market is projected to reach $640 billion by 2033, growing at a compound annual growth rate of 3.5% from 2026 to 2033, driven by an aging population and increased demand for healthcare services [5] Financial Performance - Year-to-date, WBA's shares have increased by 19.8%, outperforming the industry's growth of 18.3% and the S&P 500's rise of 0.2% during the same period [6] Market Position - Walgreens currently holds a Zacks Rank of 3 (Hold), indicating a stable market position [7]
Walgreens Ups Use of Robotics With New Micro-Fulfillment Center
PYMNTS.com· 2025-05-20 16:54
Walgreens says it is boosting its investment in robotics with its new Minnesota-based micro-fulfillment center.The center, announced Tuesday (May 20), is based in the town of Brooklyn Park and will support nearly 200 Walgreens locations throughout the Midwest, including 145 in Minnesota alone, processing a projected 13 million prescriptions each year.“Our pharmacists working in locations supported by our micro-fulfillment sites are spending less time filling prescriptions and more time on patient care, like ...
UnitedHealth Group Stock Just Hit a 5-Year Low. 5 Things Investors Need to Know.
The Motley Fool· 2025-05-20 08:42
Few stocks have been as resilient as UnitedHealth Group (UNH 8.14%). The company operates the largest health insurance business in the U.S. It runs the second biggest pharmacy benefits manager (PBM). And UnitedHealth Group has a fast-growing healthcare technology and services unit with Optum. However, UnitedHealthGroup just hit a five-year low. Shares of the healthcare giant have plunged more than 50% below the peak set in late 2024. Here are five things investors need to know. 1. Pulling financial guidance ...
GoodRx Offers Value Proposition As Pharmacy Costs Shifts To Consumers: Analyst
Benzinga· 2025-05-19 18:14
Group 1 - JP Morgan analyst Lisa C. Gill revised her 2025 outlook on GoodRx Holdings (GDRX) following the company's first-quarter earnings, reaffirming an Overweight rating and maintaining a $7 price forecast [1][6] - GoodRx reported first-quarter 2025 revenue of $203 million, exceeding the estimate of $202.21 million, representing a 3% year-over-year increase. Adjusted EBITDA rose to $69.8 million, with margins improving to 34.4% from 31.7%. Net income was $11.1 million, reversing a $1 million loss from the previous year [1] - The company reaffirmed its full-year 2025 revenue outlook of $810-$840 million and raised its adjusted EBITDA forecast to $273–$287 million, compared to $260.2 million in 2024 [3] Group 2 - Pharma Manufacturer Solutions' revenue climbed 17%, while subscription revenue declined 7%, primarily due to the phaseout of the Kroger Savings Club [2] - Gill slightly revised her 2025 revenue estimate downward to $817 million, citing approximately $5 million in Rite Aid headwinds, offset by strength in Pharma Manufacturer Solutions and improved margins. Adjusted EBITDA projection was increased to $279 million, reflecting 7% growth and a 135 basis-point margin expansion to 34.2% [4] - The trend of pharmacy costs shifting to consumers and efforts by pharmacies/PBMs to capture abandoned scripts create a favorable environment for GoodRx's value proposition, with anticipated solid growth and margin expansion due to ISP adoption and increased consumerism in healthcare [5]
药房连锁CVS Health Corp.寻求收购Rite Aid Corp.位于美国西北部的多家门店和病患数据,后者正第二次申请破产。
news flash· 2025-05-16 14:31
药房连锁CVS Health Corp.寻求收购Rite Aid Corp.位于美国西北部的多家门店和病患数据,后者正第二 次申请破产。 ...
NextPlat Reports First Quarter 2025 Results
Prnewswire· 2025-05-15 11:30
David Phipps, President of NextPlat and CEO of Global Operations, added, "The broad global reach and scale of our e- Commerce business continues to be an important differentiator for NextPlat and our partners and customers as we work to address the evolving challenges we see both domestically and internationally. Whether it is providing reliable connectivity for individuals, the government or the military, or providing consumers with access to novel health and wellness products for themselves or their pets, ...
CVS Health Stock Rallies 38% in May: Is it a Buy Amid PBM Pressure?
ZACKS· 2025-05-14 20:01
CVS Health (CVS) shares have rallied nearly 38% so far this month, driven by the company’s stronger-than-expected first-quarter 2025 results. Despite concerns over the company’s decision to implement widespread store closures due to new Pharmacy Benefit Management (PBM) reform legislation, market sentiment remains positive. Investors are encouraged by the robust performance of CVS Health Care Benefits segment, which benefited from favorable prior-year development and improved Medicare performance. The margi ...
CVS Health celebrates reopening of Hendersonville store destroyed by Hurricane Helene
Prnewswire· 2025-05-12 18:00
Core Points - CVS Health has reopened its South Main Street pharmacy in Hendersonville after being severely damaged by Hurricane Helene in September 2024, marking a significant milestone for the community [1][2][4] - The store features an expanded pharmacy, private consultation and vaccination area, improved in-store delivery pickup area, and updated layout, enhancing the customer experience [6] - CVS Health has committed over $1.5 million in support for communities affected by Hurricane Helene through grants and product donations [7] Company Overview - As of December 31, 2024, CVS Health operates more than 9,000 retail pharmacy locations and over 1,000 walk-in and primary care medical clinics, serving approximately 90 million pharmacy benefits plan members [9][10] - The company provides health insurance products and services, including Medicare Advantage offerings and a standalone Medicare Part D prescription drug plan, aiming to improve access to quality care and lower overall costs [10]
Amazon adds pet prescriptions to its online pharmacy
CNBC· 2025-05-08 15:40
Amazon is expanding its online pharmacy to fill prescription pet medications, the company announced Thursday.The company said it has added "hundreds of commonly prescribed pet medications" to its U.S. site, ranging from flea and tick solutions to treatments for chronic conditions.Prescriptions are purchased via Amazon's storefront and must be approved by a veterinarian. Online pet pharmacy Vetsource will oversee the dispensing and delivery of medications, said Amazon, adding that items are typically deliver ...