David Palacios Rubio & Shruti Khairnar
Chewy posts a profit, but outlook remains modest for the rest of 2024
The American pet retailer sees wins with its autoship sales, which increased 15% in the last 12 months.
More than 20% of Nestlé’s sales last year were pet products
The conglomerate’s pet category is the largest contributor to organic growth, while global sales decreased by 1.5%.