Financial Performance

Blue Buffalo reports strong growth, upcoming product innovation

Blue Buffalo sales grow 18% in General Mills’ Q2

12.18.2020

Growth is attributed to double-digit sales increases for dog and cat food, 25% sales growth for wet pet food and 40% growth for pet treats over the quarter.

Chewy reports third quarter financial results

Chewy adds 1.2 million customers in Q3

12.10.2020

By Jordan Tyler

The e-commerce retailer continues to grow through the holiday season and is shifting focus to online veterinary and pet health platforms.

Smucker shares second quarter earnings, ups annual guidance

Smucker’s premium dog food sales continue in decline

11.25.2020

By Jordan Tyler

While its pet food segment remains The J.M. Smucker Company’s most profitable business, cat food and dog treats are outperforming the company’s premium dry dog foods by leaps and bounds.

Freshpet reports $84.2 million in net sales in third quarter

Freshpet mitigates capacity constraints to drive 29% quarterly growth

11.04.2020

By Jordan Tyler

The company’s Kitchens 2.0 came online in late October, just one facet of a slew of upcoming capacity expansions expected to drive the company forward.

Better Choice Company secures $17.8 million in funding

Updated: Better Choice Company funding round reaches $21.7 million

10.27.2020

By Jordan Tyler

The series F funding round was primarily insider-led with investments from management and board members totaling more than $11.3 million.

Nestle reports nine-month earnings, Purina one of strongest segments

Purina only category to post 9-month sales growth for Nestlé

10.23.2020

By Jordan Tyler

E-commerce is growing rapidly while out-of-home sales are down for the company so far in 2020.

General Mills reports 9% growth overall, 6% growth for pet category

General Mills pet segment grows 6% despite fluctuating market factors

09.25.2020

By Jordan Tyler and Keith Nunes

The company released its first quarter fiscal 2021 earnings on Sept. 23, reporting overall net sales growth of 9%.

Chewy sales growth reflects pet industry e-commerce boom

09.15.2020

By Jordan Tyler

The company grew sales by 47% in the second quarter, added 4.6 million new customers and continues to expand its distribution network across the United States.