UK’s Pets at Home tumbles after profit downgrade, CEO steps down

Pets at Home

18/09/2025 08:56

** Shares of Pets at Home Group PETSP.L tumbles as much as 22.1% to 177.1p

** Stock hits lowest since March 2020

** Co cuts FY26 underlying pretax profit view to 90–100 million pounds ($122.54 - 136.16 mln )

** CEO Lyssa McGowan exits with immediate effect; chair Ian Burke steps in as executive chair

** Session's losses pushes stock 12.69% down YTD

($1 = 0.7344 pounds)

 (Reporting by Judes Joseph in Bengaluru)

 ((judes.joseph@thomsonreuters.com;))