Tuesday, November 28, 2023

Pets At Home Group H1 Pretax Profit Declines; LFL Revenue Up 6.2%

Pets at Home Group Plc (PETS.L) reported that its first half pretax profit declined to 34.7 million pounds from 53.4 million pounds, last year. Earnings per share was 5.2 pence compared to 8.6 pence. Underlying trading pretax profit declined to 47.8 million pounds from 59.2 million pounds. Underlying trading earnings per share was 7.3 pence compared to 9.5 pence. Underlying profit was impacted by continued investment in the platform with higher logistics costs and brand relaunch, the Group said.

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