Future Of British Business
Pets at Home Cuts Profit Guidance as Shop Sales Suffer
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Pets at Home Group Plc trimmed its full-year profit guidance after sales of pet accessories fell below expectations.
The company, which sells pet food, toys and other supplies, now expects adjusted profit before tax for its fiscal year 2024 of about £132 million ($167 million) from a previously guided £136 million, it said in a statement Tuesday.