Hill’s profits up 9% in Q1 2024, equals 22% of Colgate growth

Hill’s sells more than 300 products, principally through authorized pet supply retailers and veterinarians in more than 80 countries worldwide.

Tim Wall Headshot Small Headshot
Dall·e 2023 05 09 11 59 49 Impressionist Painting Of Dog Sitting On Pile Of Money
Created by Tim Wall using DALL-E 2

Hill's Pet Nutrition made up 22% of parent company Colgate-Palmolive’s sales growth in the first quarter of 2024. Colgate’s pet segment made up 3.9% of the company’s net sales.

For the three months ended March 31, Colgate reported US$1,102 million in net sales for its pet division, an increase from US$1,061 million in the same quarter of the previous year. Hill’s profits for the first quarter of 2024 were US$199 million, up 9% from the same period in 2023.

Hill's Pet Nutrition is owned by Colgate-Palmolive. Hill’s sells more than 300 products, principally through authorized pet supply retailers and veterinarians in more than 80 countries worldwide, according to Petfood Industry’s Top Companies database. Hill's operates major manufacturing and warehousing facilities in Bowling Green, Kentucky; Topeka, Kansas; Emporia, Kansas; and Richmond, Indiana, USA. Its primary research center is located in Topeka, Kansas, USA. Hill's also runs major manufacturing and warehousing facilities in the Czech Republic and the Netherlands.

Recent news about Hill’s Pet Nutrition

Dog copper-storage disease lacks clear diet, breed correlations

APRIL 5, 2024

An analysis of samples taken from 2006 through 2022, didn’t reveal correlations among copper levels in dogs’ livers and their varied diets.

New facility boosting Hill’s Pet Nutrition wet pet food innovation

FEBRUARY 26, 2024

The Tonganoxie plant opened in 2023. The facility increased the company's production capacity and provided a runway for the expansion of Hill's Science Diet and Prescription Diet brands.

Lawyer analyzed US$2.6 billion DCM lawsuit against Hill’s Pet Nutrition

FEBRUARY 13, 2024

The lawsuit alleged that Hill’s and a group of veterinarians worked together to manipulate the FDA into examining the possibility that certain grain-free dog foods increased pets’ risk for the potentially deadly heart disease, dilated cardiomyopathy.

 

Page 1 of 326
Next Page