Not just for Christmas: Pets at Home raises profit outlook after December growth January 8, 2021 Pets at Home has raised its full year profit guidance after recording impressive sales growth during December. The country’s leading pet care firm said that it now expected profit for the year to come in at £77m, despite the voluntary repayment of £28.9m in business rates relief. In a trading update this morning, the company [...]
Pets at Home’s the pick of the litter as it lifts full-year profit expectations September 24, 2020 Pet retailer and vet service provider Pets at Home this morning said it expects full-year underlying profit to be ahead of current market expectations. Pets At Home shares surged 15 per cent to 351p on the news. The FTSE-listed pet supplies shop updated investors with the good news after assessing trading for the first eight [...]
Pets at Home shares rise on jump in pet ownership July 31, 2020 Shares in Pets at Home jumped this morning after the retail chain reported a surge in demand for pet ownership after the coronavirus lockdown. Pets at Home said there were “tangible signs” of an increase in animal owners “as people adopt new attitudes to work and leisure pursuits” following the lockdown. A jump in pet [...]
Pets at Home revenue tops £1bn but retailer warns on profit as stockpiling dwindles May 21, 2020 Pets at Home full-year revenue topped £1bn for the first time in the year to March but the retailer’s share price fell as it warned that a drop in stockpiling demand could impact future profit. The pet shop chain said it expects first-half pre-tax profit to be sharply lower than last year, as the spike [...]
Coronavirus: Pets at Home to beat profit expectations after surge in demand April 2, 2020 Pets at Home announced it expected full-year profit to beat previous expectations following an “exceptional” level of demand due to the coronavirus outbreak. The pet store, which has been classified as an essential retailer and is allowed to stay open during the government mandated lockdown – said in-store and online sales had increased as existing [...]
Pets at Home groomed for 2020 glory after record Christmas January 22, 2020 Pets at Home is making progress in its bid to be top dog in the UK pet market, announcing a 12th consecutive quarter of growth in this morning’s trading update. The grooming company, which has said that it wants to generate 50 per cent of its revenue through services, saw group revenue grow 7.9 per [...]
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 [...]
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, [...]
Stocks for a durable ISA portfolio in the Brexit years March 24, 2019 | City Talk By Edmond Jackson from interactive investor. With the Brexit outcome still uncertain, companies analyst Edmond Jackson picks five larger cap stocks and three AIM shares for a resilient ISA. Be aware how sentiment towards equities hinges currently on whether Brexit is "resolved" by way of "Soft" business-friendly outcome, or the UK leaves the EU without [...]
Pets at Home is keeping pooches happy as it posts surge in profits June 4, 2015 Pets at Home yesterday posted a record set of full-year results and said it enjoyed a strong start to the year as owners splashed out more on grooming services and special nutrition products for their pets. Underlying core earnings for the year to 26 March rose 10 per cent to £121m, in line with expectations, [...]