Central Garden & Pet saw a 3% drop in its third-quarter sales to US$465 million, compared with 2009 sales of US$482 million.
The company's net profits also declined from US$31.1 million in 2009 to US$25.9 million. The pet segment of the company saw sales increase by 4% to US$222.7 million, partially due to a 3% increase over the previous year in the sale of branded pet products.
Pet owners want a lot from their pet food brands. They want primary proteins that suit what they believe is best for their animal. They want grains or they don't. They want something customized, but it has to be easy to understand.
Constraints and crises, like those experienced in 2020, help drive innovation and sustainability offers context.