Like-For-Like Sales

Jan- 2025 -

29 January

Jollyes reveals plans to open five new stores and refurb five others

Jollyes has revealed the locations of its next five stores as well as plans to overhaul five existing stores. In March the retailer will open stores in Pontefract and Chichester followed by openings in Swansea and Chesterfield in the first half of the year as well as relocating its existing…

Jan- 2024 -

31 January

Retailers

Jollyes posts record-breaking Xmas sales

Jollyes has announced that it posted record-breaking Christmas sales with like-for-like sales up 13% for the five weeks ended 31 December 2023. The final week before Christmas was Jollyes strongest seven-day trading period in its history with almost 45%more customers than the previous year and 26% on a like-for-like basis.…

Dec- 2023 -

4 December

Retailers

Jollyes owner mulls £100m sale

The owner of Jollyes, private equity firm Kester Capital, is considering a sale of the pet retailer for around £100m, according to reports from The Times. City sources told The Times that Kester Capital, is working with financial advisors at Houlihan Lokey on “strategic options” for the business. Jollyes currently…

Nov- 2023 -

30 November

Retailing

Jollyes HY sales jump 31% to £70m

Jollyes has revealed that it posted sales of £70m for the 26 weeks ended 27 November 2023, up 33% from the £54m it posted in the same period last year. Furthermore, in the period the company posted like-for-like sales of 19%, up from the 17% like-for-like number Jollyes achieved in…

28 November

Industry News

Pets at Home maintains guidance despite fall in H1 profits

Pets at Home has maintained its profit guidance despite seeing underlying pre-tax profits slump 19.3% to £47.8m during the first half of the year ended 12 October. The retailer attributed the fall in profits to the costs associated with the relaunch of its brand and transition of stores to the…

Sep- 2023 -

6 September

Retailers

Jollyes delivers ‘best-ever’ results as sales rise to £33.7m

Jollyes has delivered its “best-ever” results as total sales in Q1 soared 33.6% to £33.7m compared with £25.3m the prior year. For the 13 weeks to 27 August 2023, like-for-like sales were also up 23%, a step up from the 17% like-for-like rise Jollyes achieved in FY23. The group said…

Jul- 2023 -

27 July

Veterinary

CVS revenues jump 7.3% in FY23

Correction: In the original article, it was inaccurately stated that revenues had declined by 7.3%. However, the company’s revenues experienced positive growth of 7.3% during period, rather than a decline. We apologise for any confusion this may have caused. CVS, the UK-listed veterinary group and provider of integrated veterinary…

Jun- 2023 -

12 June

Retailers

Jollyes FY sales hit £115m

Jollyes has posted sales of £115m for the year ended 29 May 2023, up 33% from £85m for the previous period. This is the first time that the company has seen sales pass the £100m barrier. Furthermore, its like-for-like sales grew by 17% over the full year, over double the…

Nov- 2022 -

23 November

Retailers

Pets at Home H1 profits dented by rising freight and energy costs

Pets at Home has seen underlying profit before tax fall by 9.3% to £59.2m in the first half of the year, largely driven by increased freight and energy costs over the period. According to the group, profits were also hit by a year-on-year increase in investment in digital assets, which…

Aug- 2022 -

5 August

Retailers

Pets at Home Q1 revenues hit £404.7m amid ‘record’ VIP numbers

Pets at Home has reported that group revenues rose 7.1% year-on-year to £404.7m in the 16 week period from 1 April to 21 July 2022 (Q1 FY23), as the number of active VIPs increased 10.7% to a “record” 7.4m, 27% of which were shopping across more than one channel. Vet…