Pet retailer Jollyes has posted its strongest trading performance ever in the six months to 27 November. It achieved total sales of £70m, with like-for-likes up by 19 per cent. The retailer opened eight new stores during this period and strengthened its Pet Club scheme.
Commenting on the results, Joe Wykes, CEO, Jollyes said: “There’s no doubt we’ve had a tremendous six months, delivering for customers, our people and our shareholders. And as always, behind the numbers sits the hard work of our 1,000-plus strong team as we transform this business with real pace – they continue to inspire me every day.
“But we also all know past performance is no guarantee of future success. That’s why we’re determined to guard against complacency, investing in new partnerships that will help strengthen our momentum in the months and years ahead.”
According to The Sunday Times, the private equity owner of Jollyes, Kester Capital is exploring strategic options for the business, including a £100m+ sale.
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