The company reported a record-breaking quarter due to the launch of Halo Elevate, as well as expansions in brick-and-mortar and international markets.

Inflated costs and supply chain constraints continue to plague the company, impacting product prices and full-year EBITDA projections.

Among its expansion plans, the company will construct a protein conversion facility to create pet food ingredients.

The company has revealed plans to expand with three new facilities from Red Collar Pet Foods.

“Unprecedented inflationary pressures and supply chain constraints” seen by Nestlé in the first six months of 2022.

The company is investing to increase capacity to placate production bottlenecks and meet growing demand.

Inflated costs and supply chain disruptions continue to affect net pricing in pet and other categories.

The fresh pet food company shared plans for a new facility alongside its first quarter earnings on May 2.

Colgate-Palmolive’s pet segment has partially acquired Nutriamo, a wet pet food manufacturing business in Italy, to build capacity.

Purina PetCare posted double-digit sales and stood out as a category leader in developed markets for Nestlé in the first quarter.