Pets at Home posts strong third quarter sales growth
Pets at Home saw its revenue climb by 18% to £302 million in the 12 weeks to 31 December.
Group like-for-like sales growth came in at 17.6% after retail like-for-like sales climbed by 17.5% despite the impact of Covid-19 restrictions. Pets at Home said trading momentum accelerated across the festive period, with December like-for-likes increasing by 19.3%.
Meanwhile, vet group revenue rose by 22.1%, with like-for-like sales climbing by 17.8% in the period.
Peter Pritchard, Pets at Home group chief executive, 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.”
During the period, Pets at Home launched a one-hour click and collect service across its 451-strong store estate, and a “Deliver to Car” service at more than 150 stores. It also launched two smaller next generation shops in London’s Camden and Putney.
