Jollyes reports record half year
Pet retailer Jollyes has reported record half year trading with a 23% sales increase to £53.2 million in the six months to 27 November.
The company said the uplift was achieved through a mix of higher sales at existing stores and online, and through new openings and acquisitions.
It follows annual sales of £87 million for Jollyes in the year to 29 May 2022.
In 2023 Jollyes expects its turnover to reach £100 million and its workforce to pass the 1,000 mark.
Richard Cotter, executive chairman of Jollyes, said: “While there are signs that the pandemic pet ownership peak has passed and sector growth is returning to normality, it’s very encouraging to see our sales continue to increase significantly ahead of the market through a mixture of organic growth and expansion through new stores and acquisitions.
“The half year performance show that our approach of being a national group with a local approach is what customers want. We’re in a strong position to achieve our ambitious growth plans and we have significant opportunities to bring our unique offer to more communities across the UK.”
As it gets ready for what it expects to be its busiest ever Christmas, Jollyes said it is on track to reach £100 million of sales in 2023. It is also aiming to open its 100th store within 18 months.
Jollyes chief executive Joe Wykes, who was promoted to the role in May, added: “A key pillar of our growth this year has been our commitment to be the UK’s best value pet superstore – and because we know that’s going to be vital to our customers in 2023, we’re committed to bringing Jollyes value to more places right across the UK.”
