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    Jollyes reports record-breaking half year results

    mmBy Simon KingNovember 30, 2023No Comments2 Mins Read
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    Jollyes said it has delivered its strongest-ever first half trading performance for the 26 weeks to November 27, 2023.

    During the quarter, Jollyes posted its highest-ever trust pilot scores, opened eight stores and confirmed it now expects to open its 100th store ahead of schedule in early 2024.

    The nationwide pet superstore’s FY24 first half saw a continuation of the market out-performance it has maintained for the last three years.

    Total sales for the first half of its 2024 financial year were £70 million, 31% higher than the £54m posted for H1 in the previous year.

    In the half year, Jollyes posted like-for-like sales of 19%; this growth is a step up from the 17% like-for-like number Jollyes achieved in FY23.

    In the first half of FY24, Jollyes added eight new stores, in Swindon, Belfast, Merthyr Tydfil, Harrogate, Widnes,Swadlincote, Reading and Hull, bringing the total number of Jollyes stores to 98.

    Jollyes has now added 31 stores to its estate over the last two years, an increase of over 40%. It will open its 99th store inConnswater – its third Belfast store – in early March and its 100th store later in the month, well ahead of schedule. 

    Where possible, Jollyes is opening its new stores with a full-service offer including a Jolly Groomer and community pet clinic that offers low-cost vaccinations and microchipping.

    Jollyes’ chief executive officer Joe Wykes said: “There’s no doubt we’ve had a tremendous six months, delivering for customers, our people and our shareholders.

    “And as always, behind the numbers sits the hard work of our 1,000-plus strong team as we transform this business with real pace.”

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    Simon King

    Editor - Over The Counter. Simon has more than 20 years’ experience in B2B publishing. When not slumped over his PC, Simon is a keen follower of sport, supporting Manchester United, and is at his absolute happiest watching most sport in glorious UHD, with something cold to drink by his side.

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