PetMed Express, Inc. entered into a definitive agreement to sell its headquarters and distribution center buildings in Delray Beach, Florida, to Redfearn Capital Acquisitions, LLC for $37.0 million via a sale-leaseback transaction. The company will lease back 100,519 square feet of space for a 120-month term with a starting base rent of $15.25 per square foot and annual 3.5% increases. PetMed Express, Inc. operates in the pet healthcare sector as an online pharmacy provider.

Leah A. Solivan informed PetMed Express, Inc. of her decision not to stand for reelection at the upcoming 2026 annual meeting of stockholders scheduled for August 11, 2026. She will remain on the Board of Directors until that meeting occurs. The company stated her decision was not due to any disagreements regarding operations, policies, or practices. PetMed Express, Inc. is a pet health and wellness company providing products and services to pet owners.