“Another record Christmas” for Pets at Home
Pets at Home has achieved “another record Christmas”, with like-for-like sales up by 10.4% in the six weeks to January 8th. In the financial year to date representing the 41 weeks beginning March 28th 2008, like-for-like sales are up by 7.2% and total sales by 13.4%.
Chief executive Matt Davies commented: “I am delighted with our performance over the Christmas period and our sales growth for the year to date. Our strategy of expanding and innovating within our own brand ranges has also delivered an improved margin.
He concluded: “While the economic environment is challenging for all retailers, the continued strengthening of our offer coupled with our store opening programme and the exceptional talent and dedication of our people gives us confidence for the future”.
Pets at Home operate from 227 stores, with 4,100 employees. In the current financial year, 19 new stores have opened.