We regard Nestle's pet-care segment, particularly the Purina brand (with over 25% global market share, along with Mars Petcare), as being somewhat removed from the hypercompetitive broader ...
He relayed his strategy to investors as Nestle - owner of brands including Nescafe, Kit Kat, Sanpellegrino and Purina pet food - cut its full-year sales outlook after weaker than expected nine ...
Petcare is Nestle's second biggest category and its brands, including Purina ... For instance, they may buy cheaper pet food instead of the premium options, prompting declining sales.