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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.
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.
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.
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.