Pets at Home on the rise

Pets at Home, the leading British pet speciality retailer, has announced a 4.2 per cent rise in like-for-like revenue in the 52 weeks to 26 March, driven by increases in advanced nutrition, health & hygiene, its VIP Club loyalty scheme, services and omnichannel turnover. Merchandise like-for-like revenue grew by 3.7 per cent, while services were up by 10.7 per cent. Total revenue rose by 9.6 per cent to £729.1 mio. Underlying earnings before interest, tax, depreciation and amortisation are anticipated to be in line with market expectations, according to Pets at Home.