Record Non-GAAP Operating Income in Pet Segment
The Pet segment achieved record non-GAAP operating income with a 5% increase, driven by productivity gains from the Cost and Simplicity program.
Wild Bird Business Achieves Record Sales
The Wild Bird business benefited from extended cold weather, leading to record sales and strong consumer demand.
E-commerce Expansion
The upgraded distribution center in Eastern Pennsylvania added direct-to-consumer capabilities, shipping over 10,000 packages and fueling e-commerce momentum.
Cost and Simplicity Program Success
Initiatives under the Cost and Simplicity program led to significant margin improvements and operational efficiency, including a new 300,000 square foot distribution center in New Jersey.
Strong Financial Position
The company ended the quarter with $517 million in cash and cash equivalents and no borrowings under its $750 million credit facility.