Tom Winnifrith Bonus Bearcast: can anyone interpret my new nightmare, a Saint (Vin) and a sinner (Lucian) and his toxic 4
Hello, Share Thrashers. As predicted here, Pets At Home (PETS) announced a bouncy yearly revenue. It's up by nearly 9%, now standing at £1.1 billion. Not bad for a fairly new retail business. Though we should say that extra covid costs have upset the profit applecart a bit. Underlying gains before tax was a useful £87.5 million, but was still 6.4% worse than the prior year. However, as you might expect, the company is doing better week by week. And that £87.5 million is expected to grow to at least £120 million for the current full year.
Hello, Share Gobblers. The army of dogs on my local beach is truly remarkable. They far outnumber the people. You’ve probably read that in the loneliness of lockdown, pet sales are booming. There’s also sadly a growing trade in dog kidnapping. Meanwhile, a company that’s prospering because of four-legged demand is Pets at Home (PETS)...
Hello, Share Chasers. Such is the love we British have for our cats and dogs that the government has deemed pet shops to be essential during lockdowns. And as these isolating nuisances are set to become even more common and longer-lasting in the coming months, shops which cater for animals can only prosper while other retailers suffer. Which brings me to my favourite – in fact, my only retail recommendation. It’s Pets at Home (PETS). This family is among its appreciative customers. Its prices to feed and nurture our two cats are reasonable, the stores welcoming and the staff well-trained and exceptionally friendly...
Hello, Share Friends. You may know that Pets at Home (PETS) is one of my favourite retail plays. In fact, given the curse of the high street, it’s probably my only one. The over-riding reason is that we’re potty about our pets and this overblown fascination is only getting stronger. My town is overrun with dogs as an evermore isolated population turn to four-legged friends for company...
Hello Share Takers. There’s too much risk in buying shares now. But it’s useful to highlight the companies which shouldn't suffer too much because of the virus and will be the first to recover value as the crisis peaks. Today I want to look at one of my previously commended companies, Pets at Home (PETS)...
Hello, Share Shoppers. A very merry Christmas to all. Even as a holder of Diageo (DGE), I urge you not to overdo the drinking. You know it’s not good for you. Any road up, today I want to look at one of my big winners of the year...
Hello, Share Trundlers. Maybe I’m wrong, but I hazily remember one of the country’s most respected bears offering a jaundiced view of Pets at Home (PETS) at the Global Group UK Investor Show. But that was some years ago and now things have changed...
Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance at the end of September? (those in bold remain from 2018)...
Hello Share Treaders. A 30-year-old retailer that I’ve commended to your further scrutiny before seems to be gaining ground. Pets at Home (PETS) is a seller of stuff for pets. It combines this popular area with vet surgeries in its stores...
Hello, Share Carriers. Despite having one of the most tautological names on the stock market, Pets at Home (PETS) seems to be on the right track for a higher share price (tautology, of course, is saying the same thing twice and where else would you have your pets, but at home?)...
Hello Share Crushers. This family has just taken another inmate from the local cat rescue depot. It was meant to be a companion for our recently bereaved Caddy. But they'd been spitting at each other. The replacement moggie is also huge, so we'll be calling at our Pets at Home (PETS) store for more nosh - and feline first aid products.
Hello, Share Scramblers. It seems to me that more people are adopting cats and dogs. There’s also more interest in more exotic pets. At my vet this week, I spotted a hen and something in a sinister box which the owner seemed afraid of. People are also taking more care of their pets, as many become a substitute for offspring who’ve fled the nest.
There may be a meltdown in China, interest rates may be on the rise, and the stock market could take a further battering. But there is one particular area which it seems set to flourish whatever the condition of the financial markets: pet supplies.
Another week, another set of numbers from a 2014 float. After Poundland (PLND) last week it is the turn of Ptes At Home (PETS) to pucker up and unburden its latest earnings thoughts onto an expectant market.
Search ShareProphets |
Recent Comments |