Pets at Home Group (PETS)

Sector:

Retailers

Index:

FTSE 250

268.40p
   
  • Change Today:
    -1.60p
  • 52 Week High: 397.60
  • 52 Week Low: 254.40
  • Currency: UK Pounds
  • Shares Issued: 467.91m
  • Volume: 970,965
  • Market Cap: £1,255.87m

Pets at Home revenues recover following easing of lockdown restrictions

By Iain Gilbert

Date: Friday 31 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Animal care business Pets At Home reported lower revenues due to the coronavirus lockdown, but said trading had improved after measures were eased.


The company said like-for-like revenues fell 13.5% in the eight weeks ended 22 May as it shuttered its retail premises due to the Covid-19 pandemic. However, LFL revenues then surged 12% in the eight weeks ended 16 July as a result of "exceptional, brought forward demand".

Total group sales for the period were 1% lower year-on-year, and 0.7% softer in LFL terms.

The FTSE 250-listed group, which will launch an upgraded click and collect service, highlighted that it was only permitted to sell essential products and was forced to keep its grooming salons closed during he initial lockdown period.

Chief executive Peter Pritchard said: "The effects of Covid-19 continue to have an unprecedented impact on all of our lives.

"While much has changed, and continues to do so, we remain confident in the long-term sustainability of our pet care business, where the love of pets and the role that they play in our lives is only increasing."

As of 0855 BST, Pets at Home shares had shot up 8.11% to 278.70p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PETS Market Data

Currency UK Pounds
Share Price 268.40p
Change Today -1.60p
% Change -0.59 %
52 Week High 397.60
52 Week Low 254.40
Volume 970,965
Shares Issued 467.91m
Market Cap £1,255.87m

PETS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.88% below the market average47.88% below the market average47.88% below the market average47.88% below the market average47.88% below the market average
57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average
Price Trend
50.86% below the market average50.86% below the market average50.86% below the market average50.86% below the market average50.86% below the market average
51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average
Income
47.29% above the market average47.29% above the market average47.29% above the market average47.29% above the market average47.29% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
11.84% below the market average11.84% below the market average11.84% below the market average11.84% below the market average11.84% below the market average
15.00% above the sector average15.00% above the sector average15.00% above the sector average15.00% above the sector average15.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 3
Sell 1
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PETS Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Dec-23 15-Jun-23
Paid 12-Jan-24 11-Jul-23
Amount 4.50p 8.30p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 668,019 @ 268.40p
16:35 954 @ 268.40p
16:35 1,123 @ 268.40p
16:35 540 @ 268.40p
16:35 1,830 @ 268.40p

PETS Key Personnel

CEO Lyssa McGowan

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