Retail
Shane O’Keeffe, managing director of Petmania. Photo: Mark Condren
The retail group behind Petmania has recorded a €4m plus surge in sales boosted by the opening of two new stores.
O’Keeffes Group, the Co Kilkenny retail firm behind retail brands including Petmania and homeware brand Meubles, recorded sales of almost €38.3m for the financial period ended July 30, 2023. The group also recorded a 27pc uplift in operating profit to over €2.5m for 2023.
Commenting on the results, Shane O’Keeffe, managing director of Petmania, said new stores had helped to bolster the company’s performance.
“We had a strong financial year 2022/23 in which we experienced double-digit sales growth across the business,” he said.
Petmania has 16 stores employing 260 people across the country
“This was supported in part by two new Petmania store openings, though their contribution was for the latter half of the year only, and like-for-like sales were steadily ahead of the previous year.
“Our positive sales growth throughout the business is reflected in our trading profits for the year, putting us in a strong position for continued growth and development.
“Our strategy within Petmania continues to focus on the development of grooming, health, nutrition, wellness and dog training. This continues to deliver strong like-for-like growth.”
Petmania has 16 stores employing 260 people across the country and also has a fast-growing e-commerce business.
The expansion of the pet retail business could create 100 new jobs
In an interview earlier this year, O’Keeffe said he is looking to open five more PetMania outlets as part of an investment worth up to €4m over the next two years. The expansion of the pet retail business, which will push further into Dublin and Cork, could create up to 100 jobs.
O’Keeffes Group was founded in the 1960s and is now owned by Edmund O’Keeffe. Aside from Petmania and Meubles, it also owns The Wine Centre in Kilkenny and has backed Sullivan’s Tap Room.
