258: Pet grooming salons

But new pet salons are trimming margins at Pets at Home
Thursday 01 Dec 2016 Author: William Cain
Pet pampering is becoming big business for Pets at Home ( PETS ) as the supermarket for animals upped its number of Groom Rooms by 18 to 258. Service revenues including veterinary treatment and grooming grew 47.6% in the six months to 31 October, helping group like-for-like sales gain 2.5%. New grooming salons don’t earn much profit early in their early years and weighed on overall group margins. Adjusted...

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