Pets At Home Shares Fall After CEO Exit, Profit Guidance Cut

Dow Jones
2025/09/18
 

By Maitane Sardon

 

Shares in Pets at Home slumped after the U.K. pet-care company said its CEO left after three years at the helm and lowered its pretax profit guidance for fiscal 2026 amid subdued retail growth.

Shares were 13.2% lower at 198.20 pence in early morning trade Thursday.

Pets at Home said Lyssa McGowan, who became chief executive in 2022, has left the business with immediate effect.

The company said the performance of its retail business failed to meet expectations, as the pet retail market remained subdued through the second quarter.

As a result, it now expects underlying pretax profit to be in a range of 90 million pounds ($122.6 million) to 100 million pounds in fiscal 2026, compared with previous estimates of between 110 million and 120 million pounds.

 

Write to Maitane Sardon at maitane.sardon@wsj.com

 

(END) Dow Jones Newswires

September 18, 2025 03:52 ET (07:52 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10