Preliminary financial results estimate full-year net sales growth of 33.5% over 2020.

The company is mitigating supply chain disruptions from procurement all the way through distribution.

Price increases for the company’s products will take affect at the end of this year to mitigate inflated costs. 

Key investors include Pendulum and 301 INC, the venture capital enterprise of General Mills.

Funding from several private equity firms will help the DTC brand accelerate product development.

Supply chain challenges adversely affected segment profit in the second quarter.

Trevor Noah, Chris Evans and Odell Beckham Jr. joined The Merchant Club in a funding round to support the dog nutrition brand’s product development and retail expansion.

The company reported steady but restrained sales in the United States, but “real momentum” for the brand in the United Kingdom.

The pet care segment continues to be one of Nestlé’s strongest businesses.

Its acquisition of Tyson’s pet treat business over the summer has strengthened the company’s position in the pet treat market.