Jollyes sinks further into the red despite sales surge at Pets at Home rival Retail Jollyes has sunk further into the red despite its sales continuing to surge as it attempts to increase its rivalry with Pets at Home. The company has posted a pre-tax loss of £13.3m for the year to 26 May, 2024, after having also made a £5.3m loss in the prior 12 months. However, newly-filed accounts [...]
Pets at Home shares surge on takeover and watchdog rumours Retail Pets at Home shares surged more than 14 per cent this morning as evidence grows that the UK’s competition watchdog is moving toward a positive conclusion for the industry, as well as speculation that private equity firm BC Partners was preparing a bid. A series of bidcos were registered on 24 February with pug in [...]
Pets at Home: Revenue dips but veterinary arm shows double-digit growth Retail Animal care retailer Pets at Home has reported a slight dip in profit due to lower retail revenue, although vet revenue has soared. The FTSE-listed company, which offers both pet purchases and vet care, told markets that revenue fell 0.2 per cent to £361.6m in the 12 weeks to January 2. Retail revenue fell 2.8 [...]
Jollyes: Pets at Home rival to lower 3,000 prices and open new stores January 28, 2025 Pet superstore chain Jollyes has revealed plans to lower thousands of prices and open new stores across the UK. The retailer, which is a major rival to Pets at Home, has also announced a range of new benefits for its employees in a bid to attract new talent. The news comes almost a year after [...]
Pets at Home: Shares crater after retailer predicts slow growth in ‘subdued market’ November 27, 2024 Animal care retailer Pets at Home described the market as subdued due to cautious consumers, and said it will grow more slowly than expected in the next six months – despite a big hit from the Budget. Shares fell more than 10 per cent in early trades, with the retailer’s share price now down nearly [...]
Pets at Home: Revenue ticks up amid difficult year August 1, 2024 Total revenue at animal care retailer Pets at Home rose by one per cent to £441.1m in the 16 weeks to July 18, with like-for-like revenue up by 0.5 per cent.
Pets at Home launches £25m share buyback programme amid slow sales growth June 24, 2024 Pets at Home's share buyback will be undertaken in two phases, the first of which begins today and ends before September 27, 2024, and follows £100m in completed buybacks over the last two years.
Pets at Home ‘not threatened’ by regulator probe as it holds firm on growth plans May 29, 2024 Animal care retailer Pets At Home has held its guidance for the year and said its vet growth strategy is “not threatened” by the CMA's review into the sector.
London-listed veterinary services firm CVS hit by cyber attack. Here’s everything we know so far April 8, 2024 It said after realising it was under attack CVS "took immediate steps to isolate the issue and, to prevent wider unauthorised access", taking its IT systems offline.
Pets at Home backs guidance amid vet probe March 26, 2024 Pets at Home said it is trading in line with lowered expectations, in its first financial update since the competitions watchdog said it would launch a probe into the veterinary industry.