Pets at Home anticipates the most successful Christmas ever. The British retailer has expanded by 22.2 % despite worldwide supply chain issues, since the company obtains most of its products from the home market
The constant increase of the pet ownership community is just one of the reasons fort he growth of Pets at Home. The company could double the membership numbers of its puppy and kitten club. Club members contribute to the growth by spending a third more per year than non-members.
Also, Pets at Home’s veterinary business can register 10,000 new clients per week.
The actual released figures show a profit-before-tax increase of 77.2% to £70.2m. The enterprise forecasts to hit a revenue of £2.3 billion (€2.7b or $3.06).
Peter Pritchard, Group Chief Executive Officer stated:
“Our business has never been more robust. Our pet care strategy continues to deliver, we continue to take market share and improve spend per customer and the benefits of our investment in capacity and capability are really starting to deliver. Notwithstanding some near-term, industry-wide challenges, we continue to grow ahead of our plans and, based on trading year to date, we are on track to report a record year of sales and profit growth.”
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