Pets At Home cuts profit forecast as accessories witnesses slows down

(Reuters) - Britain's Pets at Home Group cut its full-year profit forecast on Tuesday after its retail business saw growth below its expectations as customers cut back spending on accessories for their pets.

The group, which also offers grooming and veterinary services, said it expects underlying profit before tax to be about 132 million pounds ($167.5 million) for the year, compared with its previous target of about 136 million pounds. ($1 = 0.7883 pounds)

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Savio D'Souza)