Pets At Home on Thursday said its CEO Lyssa McGowan has left the company and cut its annual profit estimates on weaker than expected performance in its retail business, sending shares tumbling 20%.
Demand for pets and pet products has taken a hit in Britain amid sticky inflation and rising living expenses, as owners are spending less on treats and other discretionary purchases.
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The British retailer now expects underlying pre-tax p… [564 chars]
Source: Reuters | Published: 2025-09-18T07:53:00Z
Credit: Reuters
