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Birmingham Post

Business

Jon Robinson

Accessories help boost Pets at Home's sales as it raises profit expectations

Pets at Home has raised its profit expectations after reporting a continued rise in its sales.

The Cheshire-headquartered company said it now expects its full-year underlying pre-tax profits to be towards the upper end of the current consensus range of £126-136m, ahead of previous guidance of c.£131m.

The increase comes after Pets at Home saw its group revenue rise by 8.8% in the 12 weeks to January 5, 2023, to £347.5m.

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