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.

The company shared its short- and long-term strategies for its new dog and cat food division.

Parent company Nestlé shared plans for more than 100 new product launches over the year.

According to its fourth quarter and 2023 financial results, the company’s losses have significantly improved. 

Pet treats and dry pet food underperformed while wet pet food products picked up the slack.

Carnivore Meat Company and identity Pet Nutrition were both ranked for rapid revenue growth.

The company released its third quarter earnings, revealing double-digit growth for Meow Mix and Milk-Bone.

According to Freshpet, 2023 marks the company’s sixth consecutive year of net sales growth exceeding 25%.

The pet food division reported the highest annual organic growth rate across the company.