Author: Mahnoor Jehangir
In a world where pets increasingly hold the status of family members, the story of Mr. Biscuit, a three-legged cat with his own ‘man cave’, shows a significant social trend. With more than half of American pet owners from a Pew Research Center survey viewing their pets as family, this phenomenon reflects changing attitudes toward pet humanization, especially among women and city dwellers. From Pets to Family: A Growing Trend The evolution of pets from companions to family members is not just anecdotal. Evidence of this change can be seen in the growing number of pet owners who are working…
Freshpet Inc, not traditionally listed among the top hedge fund favorites, defied expectations with an impressive beat in Fourth Quarter and Fiscal Year 2023 earnings, showing significant financial growth and advances in operation. CEO Billy Cyr heralded this period as an inflection point for Freshpet, highlighting a year of significant net sales growth and a strategic shift toward profitability within the fresh frozen pet food market. Amazing Financial Turnaround The company reported an earnings per share (EPS) of $0.31, which greatly exceeded expectations of $0.09, highlighting Freshpet’s successful navigation through past revenue challenges. This achievement is part of a broader…
The landscape of pet health care is undergoing a transformative change, reflecting the advances commonly seen in human medicine. At the forefront of this evolution is Zoetis, a pioneering animal health company that has expanded its repertoire from animal health solutions to groundbreaking treatments for companion animals. As pets are increasingly viewed as members of the family, the need for advanced medical care for them is increasing, prompting companies like Zoetis to innovate and meet these needs. From Livestock to Companion Animals: Zoetis’ Strategic Shift Founded as a spin-off from Pfizer in 2013, Zoetis quickly made its mark by focusing…