The UK pet store chain Pets at Home has released its half-yearly figures for the 28-week period up to 13 October. These show that total group turnover increased by 7.3 per cent to £727.2 mio (approx. 844.7 mio euros), with like-for-like sales (LFL) increasing by 6.4 per cent. The second quarter saw more rapid growth compared with the first, according to the company. Veterinary group sales also rose by 12.4 per cent (LFL: 10.5 per cent). The growth in retail sales was reported to be 6.8 per cent (LFL: 5.9 per cent), while omnichannel sales grew by 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,” said chief executive officer Lyssa McGowan. The next scheduled update (Q3 FY23) will be published on 31 January 2023.
