GXL 0.00% $5.54 greencross limited

Very good result in a 'tricky' retail market . A solid base for...

  1. 300 Posts.
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    Very good result in a 'tricky' retail market .
    A solid base for future growth in a market of many small operators . Supermarkets were once the powerhouse of pet care and pet food but the specialists ( like Pet Barn) have taken the business.
    The products sold for flea and tick control on dogs and cat are not $5 or $10 but $ 40 - $60 products and new more effective products being registered and entering the market at even higher prices.
    This is a growth business. When products get to a price points of $40 - $60 ( that is for 6 month treatment for a medium size dog ) pet owners move from supermarkets to special pet retailers for products.

    The Greencross veterinary surgeon business are very good.
 
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