Pets at Home says lockdown pet bonanza will bring even higher profits

  • 📰 BBCNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The retailer raises its profits forecast yet again as demand for pet products continues to soar.

The pandemic boost to pet ownership has led retail chain Pets at Home to raise its profit forecast yet again as demand for pet products continues to soar.

It said trading over the past eight weeks, during the latest lockdown, had been better than expected.Pets at Home said it had seen "continued strong and broad-based growth across all channels and categories" over the past couple of months.In November, it said that Nicholas Hyett, analyst at stockbrokers Hargreaves Lansdown, said: "Pets at Home has added 10% to January's full year profit guidance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

way to go promoting puppy farms

Hopefully PetsatHome will be using their extra profits to support rescue centres as they fill up after LD

Disgusting putting a face nappy on an animal. Including humans.

Corporate pet shop that has eliminated the traditional neighbourhood pet shop.

Considering that animal abuse has risen during the pandemic this is good news for those concerned...😷

Pets are for life.... not just lockdown

Sadly the vast majority of these pets will have been bought by people who haven’t thought through the decision at all and once people return to work in offices, most of them will end up needing to be rehomed

Until people go back to work and can't look after them and they end up in shelters! Wouldn't say it's a good thing...

Wow

what ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.