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Britain's Pets at Home raises annual profit outlook

PETS-AT-HOME-GRP-OUTLOOK:UK's Pets At Home lifts profit view as dog owners splurge on toys
PETS-AT-HOME-GRP-OUTLOOK:UK's Pets At Home lifts profit view as dog owners splurge on toys Copyright Thomson Reuters 2023
Copyright Thomson Reuters 2023
By Reuters
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- Britain's Pets At Home raised its full-year profit forecast, boosted by robust demand for its pet food, litter and accessories despite a cost-of-living squeeze.

The company, which also offers grooming and veterinary services, now expects its annual underlying profit before tax to be towards the upper-end of current consensus range of 126 million pounds ($155.50 million) to 136 million pounds, compared with previous outlook of 131 million pounds.

($1 = 0.8103 pounds)

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