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Pets at home is in the doghouse as investors abandon the stock after the retail chain ousted its chief executive and issued a surprise profits warning “the board would like to thank lyssa mcgowan for her commitment to leading the business since she became ceo of the business in 2022.” Mcgowan became ceo of the business in 2022
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Retailer pets at home group has announced that chief executive lyssa mcgowan has left the business with immediate effect. In a statement, pets at home said Pets at home on thursday said its ceo lyssa mcgowan had abruptly left the company after the british retailer issued its second profit warning in two months, sending shares down to their.
Pets at home group plc (lse:pets) shares plunged 18% after the retailer issued a second profit warning of the year and said ceo lyssa mcgowan had left the business with immediate effect.
Pets at home also published an unscheduled trading update for fy26 “reflecting our updated views on retail trading and lowering profit guidance accordingly.” Pets at home group plc announced the immediate departure of ceo lyssa mcgowan and has appointed ian burke as executive chair until a new ceo is found. In a surprising turn of events, pets at home has announced the departure of ceo lyssa mcgowan, coinciding with a significant revision of the company’s annual profit outlook.
