Pets At Home Share Price (PETS)

I agree with you Tony. PETS offers high quality pet food, well trained and knowledgeable staff plus a trusted VETS service. Those customers who are retired with inflation linked income will remain loyal, putting PETS in a stronger position.

25th May 2022 are PETS next results - already confirmed eps 22p x very conservative p/e ratio 15 = 330p
5 trading days to go before results!

Pets found it bottom, when cost of living goes up this winter, people shopping for accessories in home bargains, pets be eaten basic, never Mind folk long Term share.

Going to disagree here. I get to go past my local Pets and Tesco as I go into town. Pets carpark as normal, Tesco definitely not the rush it can be and quiet on other times - I hold both shares in my portfolio. Of the two I think Tesco offers no scope for growth of its business but is a fair bet for a longer term hold. Those feckless pet owners who hit the news buying an expensive puppy during lock-down and now trying to dump it - well they certainly get the news but the far greater majority love their pets and would rather starve themselves than let their pet go without. Pets is going to hold up very well in this recession and has more room to grow as their on-site vet business model expands further.

Realise that Pets & other retail stocks have been hit hard by general lack of funds from a lot of the public. Any organisation that did well whilst covid was here, owing to being at home with the comfort of pets, will not be continuing to prosper with the threat of a recession arriving. Energy prices don't help too.
Marks & Spencer has sufferred too & even ASOS , so online shopping maybe is just not so affordable to the youngsters as well. Stocks might have further to fall this Summer.