The retailer credited strong customer engagement and increased sales for the results.

Though its pet food category share remained flat, the company continues to bolster its capacity for the business.  

The company’s capacity expansions are paying off with net sales rising 28%.

Net sales for the pet food company rose 5.5% to $1.11 billion.

The pet business achieved mid single-digit growth for the first six months. 

Wet and dry pet food and pet treats all underperformed for fiscal year 2024.

Meow Mix, Milk-Bone and Pup-Peroni lead the pet food segment.

The online pet care retailer posted the highest average net sales per active customer to date.

The company reported increases in net sales, income and gross margin for the first quarter of 2024 and believes it can continue this momentum. 

The pet food division accounted for 22% of Colgate-Palmolive’s total sales in the first quarter.