Pets At Home Share Discussion Threads

[djabel666] 27/10/2014 18:47

Just saw a great write up on PETS on this site www.wheeliedealer.weebly.com. Lots of interesting stuff there.

[skinny] 24/10/2014 07:04

H1 FY15 financial summary

· Like-for-like sales growth of 4.2% both in the Q2 and H1 FY15, driven by strength in Advanced Nutrition, Health & Hygiene, VIP Club momentum, and continued growth in fee income from our veterinary practices and Groom Rooms

· Total revenue growth of 10.2% to £381.5m

o Merchandise revenues up 8.9% to £348.3m, driven by new store openings and continued strength in Food, as well as Accessories;

o Services revenues up 27.0% to £33.2m, reflecting both new openings and the growing revenue streams from our maturing vet practices and Groom Rooms

· Strong revenue growth of 28.0%, and like-for-like revenue growth of 15.5%, within the underlying Joint Venture veterinary practices

· Gross margin improvements in line with our expectations to deliver full year Services gross margin expansion, and a modest Merchandise gross margin benefit

· VIP Club reached 2.6m members, up from 2.0m at the end of the FY14

· The Group continues to trade in line with our expectations for the full financial year


Operational summary

During the first half, we continued to execute on our growth strategy. We added 8 stores net to the portfolio; including 10 new stores, one store closure in Knutsford, and a temporary closure of our Rugby store, which will be relocated in the first half of the FY16. We opened 26 veterinary practices and 23 Groom Rooms. Of the new vet practice and Groom Room openings, 15 and 12 respectively were retrofits to existing stores. We continue to expect to deliver gross openings of at least 25 new stores, 60 new veterinary practices and 50 new Groom Room salons in the FY15.

Our loyalty scheme, VIP Club, continued to gain strong traction from engaged pet owners, adding 600,000 members in the half year to reach a total of 2.6 million. VIP card swipe rate at store tills in the second quarter represented 58% of revenues, compared with 52% at the end of the FY14.

On our website, Deliver To Store (DTS) became fully operational in the second quarter, enhancing our omnichannel shopping experience for customers. DTS allows customers to order products for pickup the following day which are not currently in stock at their local store, including the extended online only range of 3,400 SKUs, bringing the total online range to over 10,800 SKUs.

[matt123d] 24/9/2014 23:05

Taking the inside month to the downside here giving full time frame continuity, 155p triangle bottom.

[pcourt] 22/8/2014 08:52

Jack, why ever waste time with "Customer Services"? Just look at website for names and email all the Company Directors. Takes no time and your problems always resolved in hours !!! P

[jack jebb] 06/8/2014 19:49

I can see why its performed so poorly since listing.

Its on line service is an utter disgrace and I shall never use them again. I ordered 60 dog tins on line, and 50 of them arrived semi crushed, damaged, and open in 2 cases.

I sent an email to customer services and was ignored. No reply. Nothing.

They've just lost one regular customer, never to return.

[skinny] 31/7/2014 08:27

Beaufort Securities Buy 187.30 182.00 - - Initiates/Starts

[skinny] 31/7/2014 07:57

As contemplated in the Company's IPO Prospectus dated 28 February 2014 and pursuant to a shareholder resolution passed on 27 February 2014, the Company is pleased to announce that it has completed a reduction of capital, whereby £1,080,477,000 standing to the credit of the Company's share premium account was cancelled, creating distributable reserves of an equivalent amount (the "Cancellation"). The Cancellation was formally approved by the High Court and became effective on 30 July 2014. The Cancellation has no effect on the overall net asset position of the Company.

- Ends -

[knighty0001] 30/7/2014 12:53

I do understand the significanace of a VIP club but it concerns me they are putting a lot of emphasis on this.

[hvs] 30/7/2014 09:28

So the DOG does pay then ?

[lennonsalive] 30/7/2014 09:27

But what about the profit?

[hvs] 30/7/2014 07:25

lol !!!!

Even the DOG is a V.I.P. what next ?

[skinny] 30/7/2014 07:23

Summary

· Like-for-like sales growth of 4.1%, driven by VIP Club momentum, strength in Advanced Nutrition and Health & Hygiene, and continued growth of our veterinary practices and Groom Rooms

· Like-for-like revenue growth of 18.3% within the Joint Venture veterinary practices, resulting in strong fee income growth within our Services revenues

· Total revenue grew by 10.4% to £210.8m, driven by new store openings and continued strength across Food, Accessories and Services

· Merchandise revenues grew by 9.0% to £192.5m, with 8.8% growth in Food revenues and 9.2% growth in Accessories revenues

· Services revenues grew by 27.3% to £18.3m, reflecting both new openings and the developing maturity of our veterinary practices and Groom Rooms

· VIP Club reached 2.4m members, up from 2m at FY14 end

[hvs] 29/7/2014 19:07

Oh Dear I has been bitten.

Can I make a CLAIM

Its all LEGAL aids ?

[adamsouthwest] 29/7/2014 18:54

Morgan Stanley gave a price target of 155p when it put the boot a few weeks ago.
I am a buyer sub 160p.

[tyranosaurus] 28/7/2014 20:59

WTF is this down 12.9p today ??

At this rate it will hit 0p in less than 14 trading days.
Will those who are boycotting the stores buy in the 50% off closing down sale, which at this rate will start next week.

[lennonsalive] 22/7/2014 15:23

LOL

Talking to yourself?!

[buyandsellgolongorgoshort] 22/7/2014 14:34

I agree very bullish signal.

[mastertraderlistentome] 21/7/2014 12:07

INVERETED HEAD n SHOULDER FORMATION..:-) VERY BULLISH SIGNAL.

[littlealbatross] 21/7/2014 11:13

We hope to make money by 'investing' in shares. Buying shares is gambling, plain and simple.If we lose money some of us are all too ready to blame somebody else when the decision to buy was ours. No one forced us to buy. It was our choice.

[dlku] 21/7/2014 10:29

my recent visit to a store showed most of the staff are so bored and unhelpful, they couldnt be bothered to check an item was in stock, so i left and they got no sale

[mastertraderlistentome] 21/7/2014 10:27

This is the only 1 on the ftse..its got the monopoly unlike the the supermarkets. UNDER-VALUED.

[dlku] 21/7/2014 08:09

guys , were we sold a pup at float?

[mastertraderlistentome] 21/7/2014 07:28

This lloks an inverted head and shoulder pattern which is very Bullish.£2 plus

[buyandsellgolongorgoshort] 17/7/2014 13:27

What people fail to forget its got the MONOPOLY on the whole of the UK market. It's like owning Tesco with only small independent shops as competition.Will be over £2 very soon.

[lennonsalive] 17/7/2014 12:07

BSLS

The problem is the free float and the debt, plus the integrity of the owners/directors now.

No doubt it makes money and is growing.

L