Global market share gains grew sales for Nestlé’s PetCare business by 11% over the year.

The company’s three segments reported a total order intake of $3.2 billion in 2021.

The science-based pet food business was a leader in net sales and organic sales growth in Colgate-Palmolive’s fourth quarter.

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.