Pet care specialist Jollyes has hailed its strongest-ever year, with sales topping £100m for the first time.
For the year to May 29, 2023, Jollyes reported a 33% increase in sales to £115.5m, with like-for-like growth of 17% – more than double the market growth reported by Pets at Home for the same period.
Increased turnover was driven by higher sales at existing stores, new openings and acquisitions, and rising digital demand for home delivery and click and collect.
The retailer also said it had secured a new £3m lending facility from HSBC that would allow it to open at least 10 new stores over the rest of the year, putting it on target to open its 100th store ahead of schedule.
Jollyes chief executive Joe Wykes said: “The value we provide, the local service we offer and the ranges we’ve developed are proving to be a powerful combination in the growing number of communities we serve.
“Fundamental to our continued outperformance of the market has been the deep pet expertise of our own people.
“I’d like to thank the whole team – colleagues old and new – for their efforts over the last 12 months.
“But, like them, I’m excited about what more we can achieve in the years ahead.
“Today, fewer than one in five potential customers lives within five miles of one of our stores.
“With the right team, the right backing and the right ambition, we have a tremendous opportunity ahead of us to bring the value and service that’s already making an impact to significantly more UK communities.”
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