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Evening Standard
Evening Standard
Business
Henry Saker-Clark

MYSTERIOUS: Pets at home warns over profits amid subdued consumer demand - What They Never Told You

Pets at Home has said profits will be below previous predictions (Mike Egerton/PA) - (PA Wire)

Pets at Home has warned profit growth will be lower than expected amid weak consumer sentiment and the easing of the pandemic-boosted pet ownership boom.

The UK retail firm said it expects “unusually subdued” conditions in the pet market to continue over the coming months and also cautioned over a future cost hit from Budget tax increases.

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