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Author: Jordan Tyler
SECAUCUS, NJ. — Freshpet ended the fourth quarter of 2023 with revenue of $15.3 million, rebounding from a loss of $2.9 million to close 2022. While the fresh pet food company reported an overall net loss for the full year of 2023 , it continues to grow net sales and adjusted EBIDTA and expects to maintain this upward trend in 2024.On Feb. 26, the company reported its fourth quarter and full-year net sales for the three and 12-month periods ended December 31, 2023.”Our strong results in 2023 show that Freshpet has reached an inflection point,” said Billy Cyr, chief executive…
SÃO PAULO — Natoo, a pet treat and topper brand of PremieRpet, has added a new flavor to its Crunchy Biscuits dog treat line in the United States. The new Oats, Banana and Honey Crunchy Biscuits are oven baked and formulated to support the specific health needs of dogs.”At Natoo, we are constantly coming up with new recipes and flavors that can raise the bar for American pet industry standards,” said Fernando Maluf, vice president of international sales at PremieRpet. “Made in a fun waffle shape and available in sizes for both small and large dogs, we hope our latest…
MINNEAPOLIS — In honor of National Pet Dental Health Month in February, Blue Buffalo has launched a new dental chew for dogs made with natural ingredients. The chew’s design, patented by parent company General Mills in December 2023 (US Patent No. D1,006,397), features 50 ridges and grooves that help clean teeth, support gum health and refresh of breath.”BLUE Dental Chews are natural dog treats featuring 50 ridges and grooves that support plaque and tartar control,” says Efrem Hunter, DVM, veterinarian at Blue Buffalo. “Plus, the spearmint flavor helps freshen your dog’s breath while they chew. These foods are made with…
EASTON, PA. — Stella & Chewy’s, a premium pet food brand based in Oak Creek, Wis., is increasing its US distribution by 2024 through a new partnership with Phillips Pet Food & Supplies. The independent pet retail distributor will now carry the brand’s products through its warehouses in Pennsylvania, South Carolina and Florida.According to Phillips Pet Food & Supplies, this strategic partnership with Stella & Chewy’s will be mutually beneficial in their goals for this year.“We are delighted to bring Stella & Chewy’s back to Phillips Pet retailers. This new partnership is an important part of our strategic growth plans…
GREENSBURG, IND. — Shepherd Boy Farms is expanding its independent retail footprint in the northeastern United States through a new partnership with Zeigler’s Distributor, Inc. Zeigler’s will distribute the brand’s freeze-dried treats, food and goat milk to pet retailers in Connecticut, Pennsylvania, New Jersey, Maryland, Delaware, Virginia, Eastern West Virginia and Upstate New York.”Shepherd Boy Farms’ venture into the northeastern United States through Zeigler’s Distributors, Inc. marks an exciting chapter in our commitment to offering high-quality, farm-to-table food at an affordable price to pet parents nationwide,” said Ashton Hood , owner of Shepherd Boy Farms. “This partnership not only expands…
VEVEY, SWITZERLAND — Nestlé shared its full-year 2023 financial performance on Feb. 22, again highlighting Purina PetCare as the “largest contributor to organic growth” for the company. Purina ONE, Purina Pro Plan and Friskies brands led the category with double-digit growth throughout the year, with the company recording nearly CHF 3 billion ($3.4 billion USD) in sales for Purina Pro Plan brand only.”Pet care posted strong double-digit growth for the fourth consecutive year,” said Mark Schneider, Nestlé’s chief executive officer, during the company’s full-year earnings call on Feb. 22. development… Growth is also supported by the continued momentum of e-commerce…
St. HENRY, OHIO — Family-owned and operated meat manufacturer Cooper Farms announced on Feb. The company will use its vertically integrated supply chain to provide a variety of sustainably sourced turkey ingredients to dog and cat food manufacturers.The expansion was initiated by an existing Cooper Farms customer, who was looking for a turkey byproduct blend but was having trouble getting it due to foreign material contamination in turkey gizzards. According to the company, Cooper Farms’ engineering and fabrication team solved this problem by developing equipment that can split and clean gizzards before mixing them with hearts and livers. The resulting…
PARK CITY, UTAH — Badlands Ranch, a premium dog food and treat brand founded by Katherine Heigl, announced on Feb. 20 of partnering with several major distributors to bring its products to independent pet retailers across the United States for the first time.The brand has partnered with Phillips Pet Food & Supplies, Veterinary Service Inc. (VSI), American Distribution and Manufacturing Company (ADMC), and National Animal Nutrition, Inc. (NAN).”I’m excited to launch Badlands Ranch at independent pet stores and make our premium products accessible to local pet stores nationwide,” said Heigl.Badlands Ranch offers several air-dried products, including its popular Superfood Complete…
NAHSHONIM, ISRAEL — FreezeM, a Breeding-as-a-Service (BaaS) biotechnology company for black soldier fly (BSF) protein rearing solutions, announced on Feb. 15 that it closed its series A funding round with $14.2 million. The investments were led by the European Innovation Council Fund (EIC Fund), as well as by new and existing investors.According to FreezeM, the company will use this funding to accelerate commercialization and scale its network of breeding hubs to meet what it describes as “rapidly increasing market demand” for insect-based proteins.”The current funding round will enable FreezeM to embed our technology globally at scale and accelerate the growth…
VEVEY, SWITZERLAND — Nestlé Hungária is increasing pet food production in Bük, Hungary, as part of the company’s five-year development plan. As part of the final phase of this plan, Nestlé is establishing a new pet food plant in the area, which will produce more than 50,000 tons of pet food and create 130 jobs in the region.”With today’s announcement, a five-year development phase in the life of the Bük factory will end, during which we will implement a total investment worth HUF 300 billion, which can be considered the largest investment in the food industry in Hungary. ,” said…