The British pet retailer Pets at Home has published its numbers from the 28 weeks until 13 October. The sales revenue for the whole group increased by 7.3 per cent to £727.2 mio (~844.7 mio euros), the like-for-like sales (LFL) grew by 6.4 per cent. Compared to the first quarter, the company recorded a faster sales increase in the second quarter. The turnover of the veterinary group grew by 12.4 per cent (LFL: 10.5 per cent). The pet store chain could also achieve sales increases in retail sector (6.8 per cent; LFL: 5.9 per cent) and omnichannel (16.2 per cent).
“The company’s prospects remain good. We are continuing with our strategic investment and our medium-term customer sales target of £2.3 bn is unchanged,” stated CEO Lyssa McGowan. The company will release the updates for Q3 FY23 on 31 January 2023.
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