Raw material inflation will continue to be a factor for parent company Colgate-Palmolive.

US pet industry sales continue on an upward trajectory, with lofty predictions for the future.

The company’s key segments — dog food, cat food and pet treats — all reported double-digit sales growth over the quarter.

The company detailed its third quarter earnings and recent leadership appointments on Nov. 1.

Net sales for the pet nutrition business are up 19% year-over-year.

The company is experiencing softness for discretionary pet product purchases in the face of industry-wide inflation and economic uncertainty.

Price increases supported sales growth for its pet food and treat brands in the face of continued supply chain challenges.

Inflated costs and supply chain constraints continue to plague the company, impacting product prices and full-year EBITDA projections.

The company has revealed plans to expand with three new facilities from Red Collar Pet Foods.