Pets at Home saw its revenues soar by over 25% during the first quarter as pandemic pet ownership levels continued to rise.
The Cheshire-based group said in a trading update on Friday that it maintained its price competitiveness during the quarter to July 15 - with good profit and cash conversion reflecting a higher number of store transactions.
The group said total revenue growth was 25.7% up to £377.8m and that pre-tax profit for the year is expected to be £130m - the top end of the current range of analysts' expectations. That would mean a £42.5m increase on the year before.
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Group CEO Peter Pritchard said: " It is pleasing to note that many of the positive trends from our last financial year have accelerated in the current quarter.
"Key indicators point to continued growth in pet ownership, providing a supportive backdrop to long-term growth across the underlying market and our business, and we continue to see strong growth in new customers, subscription plans and veterinary clients.
"I remain incredibly grateful to all our colleagues and Partners across the Group for their continuous hard work and excellent customer service.
"Our unique, omnichannel pet care strategy continues to deliver, with strong momentum across both sides of our business, as well as good progress against our strategic priorities, meaning we look to the future with much confidence."
