Pets at Home has grown its like-for-like sales by 8% in its first quarter as it continued to expand the range of services it offers its customers.
In the 16 weeks to July 18th, group revenue was up 9.9% to £303.4 million as retail revenue climbed by 8.7% to £266.4 million.
Retail like-like for-like sales rose by 8.2% in the quarter. Pets at Home’s vet practices also performed well, with like-for-like revenue increasing by 6.2%.
The company said its investment in “convenient, competitive and innovative shopping” had paid off and had helped to attract new customers.
Due to the strong performance, the company is now predicting that full year underlying profit will be slightly ahead of expectations. During the period, Pets at Home acquired a stake in Tailster.com, the online marketplace for pet walking.
