Pets at Home has raised its profit expectations as “strong sales momentum” continued into the first quarter.
The pet specialist reported that sales were up 25.7% to £377.8m in the first quarter to July 15, up 30.2% on a like-for-like basis or 29.4% on a two-year basis.
Pets at Home recorded that retail revenues also rose 29.1% year on year and 29.1% on a like-for-like basis, with good growth across both food and accessories.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.