Pets at Home slumps due to cost-of-living crisis biting into Britons’ pockets July 4, 2022 RBC analysts have downgraded Pets at Home’s recommendation to Underperform as concerns mount as the cost-of-living crisis bites into Britons’ pockets. The pet retailer’s shares today took an 8.32 per cent tumble – the biggest on the FTSE 250. Analysts explained that while the group maintains a prime position in the pet care market, its [...]
Pets At Home: Owners continue to pamper their pooches despite price hikes May 25, 2022 Pets At Home seem to have braved the doggy dog world of inflation, with the retailer announcing market share wins this morning after revealing customers are spending more than ever on their furry friends.
Pets at Home hikes profit guidance as it outlines mitigations for inflationary pressures January 26, 2022 Pets at Home has upgraded its profit guidance in the wake of rising revenues. In a trading update for the 12 weeks to 30 December, the pet care business posted total Group revenue growth of 5.8 per cent to £319.4m. It said group like-for-like revenue was up 8.7 per cent compared to 2020. In comparison [...]
Top dog: Pets at Home appoints Lyssa McGowan as chief executive February 7, 2022 Pets at Home has poached its new chief executive Lyssa McGowan from Sky UK with the offer of a £580,000 salary.
Pets at Home reports pawsome financials as shares jump seven per cent November 23, 2021 The craze for buying pets under lockdown seems to be continuing with Pets at Home reporting a bumper set of financials for H1.
Pets At Home CEO bow-wows out after four years as top dog November 3, 2021 Pets at Home has announced that its CEO will step down after eleven years in the business. Peter Pritchard will step down as CEO and director next summer, with the hunt for his successor already underway. The company praised Pritchard for overseeing a successful turnaround of the business during his four-year-tenure and increasing its share [...]
Lockdown pet boom: Demand for pet friendly homes surpasses garden space August 26, 2021 The demand for pet friendly homes has more than doubled during the pandemic, sailing well past garden demand as the lockdown pet boom took hold of freshly homebound Brits. Tenants eyeing pet friendly properties has surged 120 per cent compared to last summer, according to the latest research from Rightmove. While the demand for gardens [...]
Pets at Home keeps lockdown puppy boom momentum and hoists revenue July 29, 2021 Pets at Home has kept up its pandemic sales momentum in its first-quarter following last year’s lockdown puppy boom, with revenue up 25.7 per cent. The pet retailer group’s total revenue lifted to £377m in the weeks to 15 July, with 29.4 per cent growth on the same period the year before Covid-19. The group [...]
Sales at Pets at Home pass £1.4bn as Brits pick up furry companions May 27, 2021 Revenue at Pets at Home jumped nearly eight per cent in the last year, as coronavirus-led lockdowns persuaded more households to get a pet. Revenue at the pet care retailer jumped 7.9 per cent to £1.14bn in the group’s 2021 financial year. Retail revenue reached £1bn for the first time despite Covid-19 restrictions, and revenue [...]
Pets at Home sales surge as animal ownership soars January 21, 2021 Pets at Home has reported an 18 per cent leap in revenue to £302m for the third quarter of 2020. The UK’s leading pet care firm showed a strong performance despite coronavirus lockdowns effecting store openings on both a regional and national level. Trading built momentum over the festive period, with like-for-like sales seeing a [...]