PetCare

Shares of Pets at Home Dive After Underwhelming Annual Guidance

2 months ago

In a disappointing turn of events for investors, shares of Pets at Home Plc saw a sharp decline following the company's release of its annual financial guidance, which failed to meet market expectations. The pet care retailer, known for its wide range of products and services, had previously been viewed as a strong player in the pet industry, but recent announcements have raised concerns about its growth prospects.

Petco's Stock Rises Following New CEO's Strategy to Boost Profitability through Store Closures

2 months ago

In a significant turn of events for the pet retailer Petco Health and Wellness Co. Inc., stock prices soared after the company's newly appointed CEO shared plans that include the closure of underperforming stores. This move has ignited optimism among investors, indicating a clear strategy aimed at enhancing profitability and streamlining operations.

General Mills Expands Pet Food Portfolio with $1.45 Billion Acquisition of Whitebridge

6 months ago

In a significant move to enhance its presence in the pet food market, General Mills has officially acquired Whitebridge Pet Brands for $1.45 billion. This strategic acquisition signals the company's commitment to expanding its footprint in the rapidly growing pet food sector.