UK's Pets at Home reports higher revenue on sustained demand

Dec 12, 2023

(Reuters) - Pets at Home Group posted a nearly 8% rise in its first-quarter revenue on Thursday as Britons continued to splurge on toys and essentials such as food and litter for their four-legged companions despite a cost-of-living crisis.

The group, which also offers grooming and veterinary services, said total revenue for the 16-week period ended July 20 was 436.8 million pounds ($554.78 million), with like-for-like revenue growth up 7.9%.

($1 = 0.7873 pounds)

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Subhranshu Sahu and Sherry Jacob-Phillips)