One More Reason to Support Independent Pet Stores – Truth about Pet Food

A lawsuit has been filed towards Petco, the pet retailer chain is being sued by its stockholders claiming the corporate overstated its “capability to ship sustainable, worthwhile progress”.

Quotes from the lawsuit…

“Petco represented that it was uniquely positioned to capitalize on the foregoing traits and drive sustainable, worthwhile progress based mostly on its purported differentiated enterprise technique centered round, inter alia, wholesome, premium pet meals containing no synthetic components.”

“Nonetheless, opposite to Petco’s representations, as pandemic-related tailwinds finally abated, the Firm’s gross sales and profitability metrics started to plummet. Particularly, as early as mid-2023, the Firm’s monetary efficiency took a notable flip for the more severe.”

“Defendants overstated Petco’s capability to ship sustainable, worthwhile progress; and (v) in consequence, Defendants’ public statements have been materially false and deceptive in any respect related occasions.”

The lawsuit claims Petco’s inventory costs fell from $5.19 per share on August 24, 2023 to $2.78 per share on June 6, 2025.

Click on Right here to view the grievance.

There are fairly a number of pet associated corporations that should reply to stockholders…

ChewyFreshpetCentral Backyard & Pet CompanyBARK, Inc.Nestle PurinaGeneral Mills/Blue BuffaloColgate Palmolive Hill’sZoetis Inc.Elanco Animal Well being Inc.Trupanion, Inc.PetIQ, Inc.Patterson Corporations, Inc.

One thing to contemplate…

Who would you somewhat buy pet meals from? A series retailer that’s obligated to their inventory holders – or an unbiased pet meals retailer whose consideration is targeted on their clients?

My reply: 100% Unbiased Pet Shops.

Many independently owned pet shops know each element about every product they promote. Most completely analysis every model they promote, and in the event that they don’t know the reply to your query – they’ve a direct line to the producer to get you a solution. Quite a few retailer house owners have shared with us that they examine the temperature of every cargo of frozen meals (earlier than it’s even unloaded off the supply truck). If the pet meals usually are not fully frozen, the cargo is refused. One retailer proprietor instructed us they ask every producer they’re contemplating if the pet meals model owns a replica of the AAFCO Official Publication (the pet meals rules ebook). For sure, many unbiased pet shops have completed their homework.

Ask your pet meals retailer what analysis is finished on every model they promote. You may be very stunned at their response (and grow to be a devoted buyer of unbiased pet shops).

Susan ThixtonPet Meals Security AdvocateAuthor Purchaser Beware, Co-Creator Dinner PAWsibleTruthaboutPetFood.comAssociation for Reality in Pet Meals

Turn into a member of our pet meals shopper Affiliation. Affiliation for Reality in Pet Meals is a a stakeholder group representing the voice of pet meals shoppers at AAFCO and with FDA. Your membership helps representatives attend conferences and voice shopper issues with regulatory authorities. Click on Right here to be taught extra.

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