US petfood manufacturer Del Monte reported net sales of US$940.9 million for the second quarter of fiscal 2011, a decrease of 5.3% compared with US$958.9 million during the same time in 2010.
Despite this drop, net sales of pet products were up 2.6% from 2010 levels to US$433.2 million, according to the company. The company attributed the increase primarily to strong unit volume growth in dry petfood and pet snacks as well as new product volume growth. Del Monte also reported that pet product operating income rose 9.3%, from US$84.8 million in the second quarter fiscal 2010 to US$92.7 million in the second quarter fiscal 2011.
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The company builds on its boutique business with three new lines for pet stores, including baked dog food and treats
The mid-year meeting addressed several regulatory matters affecting petfoods
Public meetings invited comments and provided updates
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
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Canidae's Single Grain Protein Plus dog food line is designed to complement the company's existing lines, including its grain-free offerings and meat-based diets.
Over time, errors could contribute to insidious weight gain in companion animals, potentially contributing to the development of obesity
Extrusion extravaganza 2010
Get even more online in our database of the latest equipment in all things extrusion, drying and cooling. Check out www.petfoodindustry.com/products.aspx and click "Equipment" or visit www.petfoodindustry.com/ExtrusionExtras.aspx for additional information on th
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