Skip navigation

Gloucestershire Business News

Pets at Home sees £302m sales boost

Pet supplies retailer Pets at Home has revealed a like-for-like sales rise of 17.5 per cent in the last quarter of 2020, as it benefited from people getting pets during lockdowns.

The business saw total revenue jump by 18 per cent to £302m in the 12 weeks to December 31, boosted further over the Christmas period with December like-for-like sales up 19.3 per cent.

Pets at Home VIP membership increased by 12 per cent year-on-year, while members of its Puppy and Kitten Club grew by 47 per cent in the third quarter.

Full year profits are now expected to be at least £77m, despite taking the decision to repay business rates relief of £28.9m.

Group chief executive Peter Pritchard said: "Against a backdrop of continued uncertainty our pet care model remains robust, with our performance during the third quarter testament not only to the advantages of our scalable omnichannel pet care platform and unique joint venture veterinary model, but also the hard work and commitment of all our colleagues across the group, to whom I express sincere thanks.

"We entered our final quarter facing renewed challenges in the form of higher Covid infection rates and restrictions on a national level, and our priority remains the health, safety and wellbeing of all of our colleagues, partners and customers."

Related Articles

Punchline Magazine: The Annual - Feb 2021 Image

Punchline Magazine: The Annual - Feb 2021

Gloucestershire business has many faces and The Annual edition of the latest Punchline magazine brings them together as we examine what comes next as we begin the long path to recovery.

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Friday, February 26 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Friday, February 26

The latest important news and updates from across Gloucestershire as the coronavirus crisis continues.

Ross Road Garage on the market Image

Ross Road Garage on the market

A Gloucestershire garage and forecourt is on the market after the owner decided to relocate.

Work starts on major Gloucester road improvement Image

Work starts on major Gloucester road improvement

Work will begin next week on preparations for a £7.45million scheme designed to widen a major road in Gloucester.

Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.