The company released its fourth quarter and full year financial results, revealing plans to improve profitability.

Third quarter net sales for its North America Pet business were flat.

Along with the acquisition, Michael Baker has returned as CEO and president for the distributor. 

Third quarter net sales for the segment dropped 9% compared to the prior year. 

The Ukrainian pet food manufacturer increased its sales by 6.5% compared to 2023.

Building off its strong year, the fresh pet food company expects to reach a billion in net sales in 2025.

To ramp up the brand’s low single-digit growth, Nestlé plans to unleash more innovations focused on premium and science-based offerings.

Throughout 2024, the specialty pet retailer entered ten additional US states and furthered its presence in Canada.

Pet Supplies Plus is the second pet retailer to join the platform, following PetSmart.

The ingredient supplier is expanding its services into the North American pet food industry.