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Pets at Home - Vet revenue growth +25%

September 2017

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:
  • 176.5p
Pets at Home is the UK’s largest specialist retailer of pet food, pet products and pet-related services in the UK with 434 superstores, four times bigger than its nearest rival. In fact, Pets at Home has more stores than the biggest four chains combined.Established in 1991, the group did well from the beginning but last year it experienced a bit of a blip when sales of its merchandise (food and accessories) stalled as consumers became more price sensitive and because of a competitive onslaught from the discounters like B&M and Home Bargains and online pure plays such as Zooplus. This has seen the shares fall from a high of over 300p.But I don’t think Pets At Home is ready to become a retail dinosaur. First, pe ...

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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.

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