Pets at Home saw like-for-like sales jump 4.2% in its first year since floating on the stock exchange, driven by a focus on health and wellbeing.
The pet food, accessories and services retailer said strong performance in advanced nutrition, health and hygiene and its VIP Club loyalty scheme pushed total revenue up 9.6% to £729.1m.
The retailer said a focus on services and omnichannel performance also contributed to the results for the 52 weeks to March 26.
Pets at Home saw merchandise like-for-likes rise 3.7%, while like-for-like sales of services grew 10.7%. Income from joint venture veterinary practices soared 30.7% to £28.2m.
The retailer now has a 400-strong store portfolio having opened 25 gross stores in the year ending March 26. It also opened 61 vet practices, bringing the portfolio to 338.
Pets at Home said it added 270,000 members to its VIP Club in Q4, taking its total number of members at the end of the 52-week period to 3.2m.
Pets at Home chief executive Nick Wood said: “We are delighted to be delivering on expectations in our first year as a publicly listed company.
“We have seen strength across both merchandise and services, demonstrating the broad range of levers through which we will successfully deliver further profitable business growth.”
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