Pets at Home upgrades outlook as sales soar

Exterior of Pets At Home store showing fascia

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.

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