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Pets at Home ( (GB:PETS) ) has provided an announcement.
Pets at Home Group Plc reported a modest increase in consumer revenue by 0.4% to £591m for Q1 FY26, despite a subdued market. The Vet Group showed strong growth with a 7.1% increase in consumer revenue, while retail revenue declined by 3.0%. The company has made significant progress in its productivity programs, aiming to mitigate a £20m cost headwind. The company is adjusting its market growth expectations to around 1% for FY26, with underlying profit before tax now expected between £110-120m. Pets at Home continues to expand its vet capacity and improve its digital platform, maintaining robust customer satisfaction and subscription growth.
The most recent analyst rating on (GB:PETS) stock is a Hold with a £2.45 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’s overall stock score reflects solid financial performance and attractive valuation metrics. While technical analysis provides mixed signals, the company’s strategic initiatives, including a share buyback program, bolster its market position.
To see Spark’s full report on GB:PETS stock, click here.
More about Pets at Home
Pets at Home Group Plc is the UK’s leading pet care business, offering a comprehensive range of pet products, veterinary services, and grooming salons. The company operates over 450 pet care centers, many of which include vet practices, and runs a leading small animal veterinary business with more than 440 general practices.
Average Trading Volume: 872,824
Technical Sentiment Signal: Hold
Current Market Cap: £1.12B
For detailed information about PETS stock, go to TipRanks’ Stock Analysis page.