
Menu Foods Income Fund reported its first gain in profits since its petfood contamination lawsuit in 2007, according to a Canadian Press article .
The company's stocks increased by 25% in the first quarter of 2009 to a 52-week high of CAN$1.68 (US$1.44) on the TSX .
Sales also increased from CAN$55.6 million (US$47.75 million) to CAN$84.1 million (US$72.2 million), which the company attributed to three price increases as well as a 6.7% rise in the volume of can and pouch sales, according to the article.
2 top trends for 2021 according to the pet food industry
New shelter data casts doubt on whether the pet population and pet ownership are truly growing.
Shelter pet adoption numbers down in 2020, but high rate
While the pandemic caused unprecedented suffering worldwide in 2020, the disruptions to dogs, cats and other pets adoption numbers may normalize in 2021.