The company has detailed growing sales in brick-and-mortar, e-commerce and direct-to-consumer channels.

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

Third-quarter earnings show declines in organic volume and operating profit for Colgate-Palmolive’s pet nutrition business.

“Continued momentum” for its premium, science-based and veterinary pet food brands is leading organic growth for Nestlé.

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.

The company reported a record-breaking quarter due to the launch of Halo Elevate, as well as expansions in brick-and-mortar and international markets.

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

Among its expansion plans, the company will construct a protein conversion facility to create pet food ingredients.