$1 Billion Success Story!

Plus... acquisitions, collaborations, milestones and some crazy stories!

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Issue #172

March 28th, 2025

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Quick Hits:

If you missed this week’s newsletters👇

  • Impressive milestone - The Farmer’s Dog reaches more than $1B in annualized revenue.

  • Hello Walmart - The Pets Table (owned by HelloFresh) just launched in Walmart. This marks the brand’s first in-store retail distribution.

  • 150-year conglomerate - Banks are lining up approximately $2.35 billion in debt to support the proposed leveraged buyout of Patterson Companies Inc.

  • Petco x Uber - Petco’s wide selection of pet essentials is now available on the Uber Eats platform nationwide.

  • Best pet stocks - Billionaire edition - These are the 8 best pet stocks to buy according to billionaires.

  • Waggin’ the tail - Wag! Achieved 17% quarter-over-quarter growth in all key metrics of platform participants, revenue, and adjusted EBITDA, with Q4 revenues of $15.4 million.

  • Buffalo is getting an upgrade - J.M. Smucker Co. is investing $52.6 million in upgrading its Buffalo facility.

  • A lot to chew on - Chewy’s CEO released a video to discuss Q4 and full-year 2024 earnings.

  • From socks to franchise deal - Andrew Heath, one of the founders of Bombas, signed a three-unit development agreement with K9 Resorts Luxury Pet Hotel in Connecticut.

  • Swedish deal - Swedencare AB has acquired 100% of the shares of Summit Veterinary Pharmaceutical, a UK-based company, for $39M.

  • The brand whisperer - Cesar Milan has partnered up with Xcel Brands Partners to launch "Trust-Respect-Love" pet brand.

  • New blood - Dog Stop announces new leadership.

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  • Hitting the market - BioCraft gets approval from the Austrian government to begin selling their cell-cultured dog food.

  • Milk Bone x Jif - The long overdue collaboration your dog will absolutely love.

  • Complete superfood - Badlands Ranch just released Bison & Beef dog food crafted with 87% premium proteins and 13% fruits.

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