Jollyes posts record quarter as like-for-likes soar 23%

Jollyes has reported its best-ever first quarter performance in the 13 weeks to 27 August , thanks to a boost in volume growth.

The pet food and accessories retailer saw total sales rise 33.6% to £33.7m.

Like-for-like sales hit 23% compared to 17% in 2022, although the business noted this excluded the performance of six of its stores open longer than a year.


Subscribe to Retail Gazette for free

Sign up here to get the latest news straight into your inbox each morning 


Jollyes claimed the like-for-like rise was primarily due to transaction growth rather than price inflation.

The business also attributed its growth to a 47% rise in sign-ups to its PetCLUB.

Jollyes opened three new stores during the quarter, across Swindon, Belfast, and Merthyr Tydfil.

The company now plans to open ten more stores by the middle of 2024, exceeding its 100-store target ahead of schedule thanks to a new multi-million facility from HSBC.

Jollyes’ chief executive Joe Wykes said: “It’s clear that the dedication of our people and our commitment to value, combined with smart use of our PetCLUB membership data, is a compelling recipe, delivering strong performance in our existing stores and allowing us to open new locations that perform from day one.

Click here to sign up to Retail Gazette‘s free daily email newsletter

General RetailNews

Filters

RELATED STORIES

Menu

Close popup