Pets At Home’s profits have declined in double figures as its chief executive and non-executive director quit. Despite the retailer reporting a revenue rise of six per cent to £468 million alongside like-for-like growth of 3.9 per cent in its interim results, Pets At Home has seemingly lost the confidence of its investors. Share prices dropped seven per cent this morning as the pet retailer reported an 11.3 per cent drop in pre-tax profits to £40.8 million.
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Pets At Home CEO quits as profits and share prices dive