In the first nine months of 2019, Purina PetCare sales reached CHF9.973 billion (US$10.091 billion) globally. Strong momentum in Purina PetCare sales supported parent company Nestlé’s organic growth of 3.7%. Executives reported Nestlé’s financial results in an investor call and press release on October 17. Overall, Nestlé’s total reported sales increased by 2.9% to CHF68.4 billion (US$69.2 billion), compared to CHF66.4 billion (US$67.1 billion) in the equivalent nine months of 2018.
“We continue to see good momentum in our largest market, the United States and very strong growth for Purina PetCare globally.” Mark Schneider, Nestlé CEO, said in a press release. “With prudent investments and a disciplined approach to acquisitions our value creation model is generating profitable growth and attractive cash returns for our shareholders."
Nestlé’s North American sales increased by a mid-single digit. Purina PetCare contributed the most to this growth, as the sector saw strong sales development in pet food e-commerce and premium brands. Sales of Purina Pro Plan, Purina One, Tidy Cats litter and veterinary products grew at a double-digit rate.
Latin America reported high single-digit growth for Purina PetCare, among other categories. High growth in Purina PetCare supported Nestlé’s Europe, Middle-East and North Africa division positive organic sales development. Purina PetCare products experienced strong demand in Japan and Oceania, contributing to solid growth in the region for Nestlé.
According to Petfood Industry’s Top Pet Food Company’s Current Data, Purina PetCare’s annual revenue in 2018 was US$13.2 billion.
Purina brands include: Alpo, Bakers, Beggin', Beneful, Beyond, Busy, Cat Chow, Chef Michael's Canine Creations, Deli-Cat, Dog Chow, Fancy Feast, Felix, Friskie's, Frosty Paws, Gourmet, Just Right, Kit & Kaboodle, Mighty Dog, Moist & Meaty, Muse, Purina, Purina ONE, Purina Pro Plan, Pro Plan Veterinary Diets, Second Nataure, T-Bonz and Waggin' Train, Zuke's, Castor & Pollux
Tim Wall covers the dog, cat and other pet food industries as senior reporter for WATT Global Media. He hold a master's degree in journalism from the University of Missouri - Columbia and a bachelor's degree in biology. Wall served in the Peace Corps in Honduras from 2005 to 2007. His work has appeared in Scientific American, Discovery News, Honduras Weekly and other outlets. Contact Wall via https://www.wattglobalmedia.com/contact-us/
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