Pets at Home warns of tough first half

Pets at Home warns of tough first half

Pets at Home (PETS) warned that its first-half pre-tax profits would sit “materially below” last year’s interim levels. The pet supplies retailer is preparing for a weighty financial blow due to coronavirus and the costs of social distancing, and a frantic fourth quarter of customer panic buying has almost completely unwound during the first three months of its financial year. 

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