Pets At Home profit jumps in first half as it eyes top-end full-year earnings November 26, 2019 Pets At Home’s share price surged in trading today after it posted a bumper profit increase and strong like-for-like sales growth for the first half of its financial year. Read more: Short sellers tail off at Pets At Home The figures The retailer enjoyed an 18.9 per cent year-on-year increase in underlying profit before tax [...]
L&G’s modular homes venture reports £94m loss as it winds down business November 6, 2023 Legal & General’s modular homes subsidiary reported losses of almost £94m last year as the insurance giant moved to close its factory and run down the pet project of outgoing chief executive Sir Nigel Wilson.
Flat profit for Greggs as bakery chain vows not to shrink size of sausage rolls August 2, 2022 Sausage roll maker Greggs has posted flat profit after the return of pre-pandemic tax rates and heightened costs. In half-year results, the bakery chain posted pre-tax profit of £55.8m, up just slightly from the £55.5m posted in the first half of 2021. The London-listed chain said this was reflective of the re-introduction of business rates, [...]
From Ocado to Trustpilot and M&S to ITV: Value of dozens of FTSE giants down by a third since start of Ukraine war June 11, 2022 Nearly 50 companies in the FTSE 350 have seen their stock market values fall by at least a third since the start of the Ukraine crisis. The biggest fallers have been technology companies, new data shared exclusively with City A.M. shows today. Review website Trustpilot, which listed just over a year ago, has seen its [...]
Pets at Home set to beat profit expectations as revenue jumps 10 per cent August 2, 2019 Pets at Home revealed that its revenue had grown by 9.9 per cent to £303.4m for the period 29 March to 18 July in a scheduled trading update released today. Retail revenue was up 8.7 per cent to £266.4m and vet group revenue was up 18.8 per cent to £37m for the period this year, [...]
Jollyes pet food chain may fetch over £100m in sale December 3, 2023 One of Britain’s largest private pet food brands Jollyes could be about to change hands for in a deal worth more than £100m.
Lidl pays back £100m in business rates relief December 4, 2020 Budget supermarket Lidl has joined the Covid repayment train in announcing it will pay back millions in business rates relief it received at the start of the pandemic. In March, the supermarket sector along with other retail, hospitality and leisure businesses in England, was granted a business rates holiday for 12 months. Lidl today said [...]
Short sellers tailing off at Pets at Home March 6, 2019 In a rare sign of City confidence in the struggling high street, short sellers have been backing off the recently targeted retail giant Pets at Home. Last year hedge funds were vigorously targeting the leading pet care business, which spooked investors when it posted an 80 per cent crash in profits and vet practice closure [...]
Bricks and mortar retailers ramp up hiring plans ahead of reopening April 8, 2021 Bricks and mortar retailers that have managed to survive, and in some cases thrive, during the pandemic have begun ramping up hiring plans ahead of the reopening date. According to the latest research, retail vacancies have climbed to within 14 per cent of their pre-Covid levels, after falling as much as 65 per cent last year. [...]
Dogs will break your heart and leave you bankrupt, but they’re worth every penny March 21, 2024 Vets are being accused of ripping off pet owners, but you can’t put a price on the love of a dog, says Andy Blackmore Vets have come under fire recently with accusations of price gouging. Having received over 56,000 complaints, the Competition and Markets Authority is now launching a formal investigation into the veterinary industry, [...]