A dog’s life is just great for Pets at Home – The Times
Pets are not just for lockdown, to judge by the first-quarter numbers issued by Pets at Home yesterday.
The supplier of pet food, accessories and veterinary services reported like-for-like sales growth of 6 per cent in the 16 weeks to July 21, with total group revenue up 7. 1 per cent at £404. 7 million.
Like-for-like sales in its retail division grew simply by 5. 6 per cent, with its stores up 4. 3 per cent, while its veterinary business was up 8. 6 per cent as new client registrations to its First Opinion vet practices averaged 8, 500 a week.
While most lockdown beneficiaries have since lost some or all of their pandemic-related growth, the non-discretionary nature of pet food, health products and services has enabled Pets at Home to hang