tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pets at Home Reports FY26 Interim Results Amid Retail Challenges

Story Highlights
  • Pets at Home faces a 2.3% decline in retail revenue, but Vet Group grows by 6.7%.
  • Company implements a retail turnaround plan and strategic initiatives to stabilize operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pets at Home Reports FY26 Interim Results Amid Retail Challenges

TipRanks Black Friday Sale

An update from Pets at Home ( (GB:PETS) ) is now available.

Pets at Home Group Plc reported its FY26 interim results, highlighting a challenging period for its retail segment with a 2.3% decline in consumer revenue, despite a 6.7% growth in its Vet Group. The company is implementing a retail turnaround plan focusing on product, price, execution, and cost to stabilize and rebuild momentum. The interim results showed a 1.3% decrease in statutory revenue and a 29.1% drop in statutory profit before tax. Despite these challenges, the company is progressing with strategic initiatives, including digital platform improvements, vet practice expansions, and a restructuring program aimed at reducing overheads by £20m, with a full-year benefit expected in FY27.

The most recent analyst rating on (GB:PETS) stock is a Buy with a £243.00 price target. To see the full list of analyst forecasts on Pets at Home stock, see the GB:PETS Stock Forecast page.

Spark’s Take on GB:PETS Stock

According to Spark, TipRanks’ AI Analyst, GB:PETS is a Outperform.

Pets at Home shows strong financial performance with consistent revenue growth and effective cash flow management. The technical indicators suggest a neutral trend, while the valuation is attractive with a reasonable P/E ratio and high dividend yield. The absence of earnings call and corporate events data does not impact the score.

To see Spark’s full report on GB:PETS stock, click here.

More about Pets at Home

Pets at Home Group Plc operates in the pet care industry, offering a range of products and services including pet food, accessories, and veterinary care. The company focuses on providing an integrated pet care experience through its retail stores, veterinary practices, and digital platforms, catering to a loyal customer base in the UK.

Average Trading Volume: 1,043,963

Technical Sentiment Signal: Sell

Current Market Cap: £906.5M

For a thorough assessment of PETS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1