Pets at Home reveals Budget costs hit and lowers profit guidance in ‘subdued’ market
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By George MacDonald27 November 2024
Source: Pets at Home
Pets at Home has disclosed the additional cost burden it must bear following the recent Budget and lowered profit expectations amid difficult trading conditions.
The retailer anticipates that the market will develop at a similar rate for the rest of the year − “lower than initially planned” − and now expects underlying full-year profits to grow “modestly”.
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Pets at Home has disclosed the additional cost burden it must bear following the recent Budget and lowered profit expectations amid difficult trading conditions.
https://www.retail-week.com/specialist-retailers/pets-at-home-reveals-budget-costs-hit-and-lowers-profit-guidance-in-subdued-market/7047632.article