Pets at Home Group Plc reported a sharp fall in annual profit on Wednesday but said it was comfortable with market expectations for a recovery in the year ahead, sending its shares up over 4%.
The British pet retailer posted pretax profit of £92.8 million for the year ended March 2026, down from £133 million a year earlier.
The result came in ahead of the £92 million the company had outlined in March and within the £90 million to £100 million range it had set out in September 2025.
The company said it was "comfortable" with consensus pretax profit of £98 million for fiscal year 2027.
