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

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

The brand plans to continue its marketing campaign featuring Olympians.

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.

Shifting inventory and declining consumption lead the company’s Consumer Brands segment to drop 2.5% in net sales.

Though the pet food brand witnessed a minimal sales increase, it propelled Colgate-Palmolive to $20 billion.

The company’s US pet food business held its dollar share for the first time in two years. 

The retailer plans to focus on improving its product assortment, offering more shelf space and staying competitive on pricing to continue its growth.