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Pets at home forecast to report £133m profit

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Pets at Home will this week reveal whether Britons have continued to treat their furry friends despite a slump in consumer confidence.

Shareholders will be keen for an update on whether pet owners are holding back on spending amid increased economic uncertainty.

The FTSE 250 business’s response to the Competition and Markets Authority’s (CMA) investigation into the vet sector will also be in the spotlight.

Keeping up: Analysts have forecast that Pets at Home will report profit of £133m when it unveils its full-year results - broadly in line with last year's performance

Keeping up: Analysts have forecast that Pets at Home will report profit of £133m when it unveils its full-year results – broadly in line with last year’s performance

Analysts have forecast that Pets at Home will report profit of £133m when it unveils its full-year results on Wednesday – broadly in line with last year’s performance.

‘[Pets at Home’s] vet division has been caught up in an industry-wide probe by the CMA,’ Derren Nathan at Hargreaves Lansdown said.

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