Pets At Home Purrs As FY Profits Meet Updated Guidance

Getty Images Pets at Home was one of the FTSE 250's best performers on Wednesday, as the retailer announced full-year results in line with January's downgraded guidance. Photo by Christopher Furlong/Getty Images At 294.2p per share, Pets at Home's share price was last 3.8% higher in midweek trade. Revenues at the petcare and veterinary services provider rose 5.2% in the 12 months to March, to £1.5 billion. On a like-for-like basis, sales were up 5.1% year on year. But the firm's gross margin dipped to 46.8% ...