Overall, pet segment revenue for General Mills was up 7.1% in the first quarter.

The company’s pet food segment suffered the slightest losses in revenue and remains the largest product category in terms of net sales.

The company reported 26.1% net sales growth despite facing some production challenges.

The pet e-commerce giant reported a 45% growth in first quarter net sales year-over-year and cut net loss in half.

E-commerce and FDM are up, pet specialty is down at the end of fiscal 2019.

The company announced June 13 it will sell 46.5 million shares of Class A common stock at $22 per share.

Don Mulligan discussed General Mills’ pet food business with a Deutsche Bank research analyst at the dbAccess Global Consumer Conference in Paris.

Net sales and segment operating profit both up 11% for the year.

The company continues to bolster operations, consumer awareness, omnichannel infrastructure and foreign opportunities to sustain strong market position.

Nestlé’s pet care segment led sales growth in North and Latin America and performed strongly across the company’s other regions.