US pet food, treats make up 39% of Smucker net sales FY19
Smucker’s pet food and treat segment profits for fiscal year 2019 stood at US$503.4 million, compared to US$439.4 million in 2018.
U.S. retail pet food sales made up 39% of all fiscal 2019 net sales for J.M. Smucker. Pet specialty now accounts for 6% of all Smucker retail sales, including Ainsworth Pet Nutrition products. The company released financial results on June 6.