Pets at Home reports record Christmas trading

Pets at Home has announced its 12th consecutive quarter of growth for the 12 weeks to January 3.

The retailer, which has said that it wants to generate 50% of its revenue through services, saw group sales grow 7.9% to £255.9 million. Retail sales rose 7.2%, while revenue in the company’s veterinary care division increased by 14.4%.

Peter Pritchard, Pets at Home’s group chief executive, said: “Our sales performance in the quarter proves once again that by offering convenient and affordable pet care to customers, we can further strengthen our market leading position.

“Against a backdrop of unprecedented consumer volatility, our continued momentum leaves us very much on track with our plans for the year.”

A busy Christmas period helped push the company’s sales, as it groomed 80,000 dogs in the third quarter. Pets at Home said it generated an extra £1m by grooming 27,555 dogs in the week before Christmas alone.

Pets at Home also said that numbers for its subscription services has hit 850,000, whilst it also launched nine new pet care centres in the quarter.

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