Pets at Home pounded but Panmure keeps the faith
The shares have been marked down but Panmure Gordon remains a fan of the retailer's strong cash generation
Company
LON:PETS
Pets at Home offers the ultimate pet shop experience. It really is a paradise for pets and pet owners. We have all the pet supplies, pet food, toys and accessories you and your pet need at great value prices. All our store colleagues are fully trained in pet care and dedicated to the welfare of your animals, with most of them being experienced pet owners themselves. So whether you are a new owner or an expert, our store colleagues are on hand to help you make the right choices. We also have a fantastic range of free, informative care leaflets for you to take away, offering help and advice on how to look after your pet.
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The shares have been marked down but Panmure Gordon remains a fan of the retailer's strong cash generation
Investments and investor services
The company said its gaming division in particular was showing strong growth
FTSE 100 shares ended firmer on Thursday after a late recovery accompanied news from insurer Direct Line
HSBC believe Pets at Home’s unique services exposure provides a key advantage over sector peers
The new chancellor of the exchequer gets to set out his stall
The FTSE 100, London’s blue-chip ticker, closed firm on Wednesday, buoyed by solid jobs data in the wake of Britain’s decision to leave the European Union and a surge by miners on rising commodity prices
Dunelm said in a trading update in July that underlying like-for-like sales came in at 2.9%
The group's VIP Club appears to be driving growth in like-for-like sales, according to Shore Capital
Michael Woolley’s appointment is the latest in a series of board changes at the company
The pet food and accessories retailer will increase its dividend offering as the Great British public continues to splash out on its cats and dogs
The Footsie advanced 12.23 points to 6275 in early London trading
Qinetiq Group, Tate & Lyle and Legal & General are set to be among the announcements on Thursday.
Major share price risers and fallers today at 4.15pm
The struggling mining giant is scheduled to release its numbers at 9.30pm on Tuesday.
Kingfisher and Cineworld will update on their respective third quarters on Tuesday
Kingfisher and Cineworld will catch the eye but George Osborne will be the headline maker next week