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Pets at Home

February 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PETS
  • Price:
  • 178.5p
Sending the shares higher was Pets at Home saying it saw strong Q3 trading. Sales were up 9.6% to £223m with a good performance on both sides. The period saw it open two Pets at Home superstores, two Vets4Pets practices and five Groom Room salons and it remains on track to deliver full year opening targets of around 10 superstores, 40-50 vet practices and 20-30 grooming salonsIncluding the new stores, Merchandise was up 9% to £193.4m (like-for-like +6.8%) helped by further price repositioning and the addition of further major brands in both dog and cat Advanced Nutrition. Grooming and veterinary service revenue grew 13.6% to £29.9m (like-for-like +10.1%).This outturn was comfortably ahead of forecast, which ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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