Pets at Home Group PLC said its normalized net income for the fiscal first half ended Oct. 9 amounted to 5 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 6 pence per share.
EPS fell 37.0% year over year from 8 pence.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £25.3 million, a gain of 90.0% from £13.3 million in the prior-year period.
Total revenue rose 10.2% year over year to £381.5 million from £346.2 million, and total operating expenses rose 10.3% from the prior-year period to £335.7 million from £304.4 million.
Reported net income totaled £35.0 million, or 7 pence per share, compared to a loss of £5.0 million, or a loss of 3 pence per share, in the year-earlier period.
