Pets At Home cashes in

PETS At Home has reported a rise in revenues in the first quarter as it cashes in on a pandemic boom.

Total revenue grew 7.1pc to £404.7m in the 16 weeks to July 21, while revenue for its vet arm increased by 11pc.

It gained 1.1m customers last year as the lockdown-driven boom in pet ownership created new opportunities for the business.

Sign-ups to its puppy and kitten club – a subscription service – averaged 25,000 a week, three times higher than before Covid.

It also reported a record number of loyalty club members, growing 10.7pc year-on-year to 7.4m people paying for the service.