A mood has been submitted against Petco, the pet shop chain is true of its shareholders who claim that the company overestimated its “Opportunity to deliver sustainable, profitable growth”.
Quotes from the mood …
“Petco represented that it was uniquely positioned to take advantage of the previous trends and drive a sustainable, profitable growth based on its alleged differentiated business strategy centered around, among other things, healthy, premium pets that do not contain any artificial ingredients.”
“But unlike Petco's representations, when Pandemi-related back winds eventually decreased, the company's sales and profitability metrics began to decline. Specifically, as early as mid-2023, the company's financial results took a remarkable trip to the worse.”
“Responding Overrated PETCO's ability to deliver sustainable, profitable growth and (V) as a result were defending public statements substantially false and misleading at all relevant times.”
The lawsuit claims that Petco's stock prices fell from $ 5.19 per share on August 24, 2023 to $ 2.78 per share on June 6, 2025.
Click here to see the complaint.
There are a lot of pet -related companies that have to respond to the shareholders …
Fly
Fresh
Central Garden & Pet Company
Bark, Inc.
Nestel Purina
General Mills/Blue Buffalo
Colgate Palmolive Hill's
Zoetis Inc.
Elanco Animal Health Inc.
Trupanion, Inc.
Petiq, Inc.
Patterson Companies, Inc.
Something to think about …
Who would you rather buy pet food from? A chain shop that is guilty of its shareholders – or an independent pet shop whose attention is focused on its customers?
My answer: 100% independent pet shops.
Many independently owned pet stores know every detail about every product they sell. Research most thoroughly every brand they sell, and if they do not know the answer to your question – they have a direct line to the manufacturer to get an answer. Many shop owners have shared with us that they control the temperature for each transport of frozen foods (before it has even been unloaded from the delivery car). If the pet food is not completely frozen, the broadcast is refused. A shop owner told us that they ask each manufacturer that they are considering whether pet food brand owns a copy of AAFCO's official publication (Pet Food Regulations Book). Of course, many independent pet shops have done their homework.
Ask your pet shop what research is done on every brand they sell. You can be very surprised at their response (and become a loyal customer in independent pet shops).
Susan Thixton
Pet Food Safety Advocate
Author buyers watch out, co -authors dinner pawsible
Truthabouttfood.com
Association for truth in pet food
Become a member of our pet food consumer association. Association for Truth in Pet Food is aa -interest organization that represents the voice for pet food consumers at Aafco and with the FDA. Your membership helps representatives to participate in meetings and voting consumer problems with supervisory authorities. Click here to learn more.
What is in your pet's food?
Is your dog or cat eating risk ingredients? Chinese import? The Petsumer report tells “the rest of the story” of over 5,000 cat food, dog food and pets. 30 days satisfaction guarantee. Click here to preview the Petsumer report. www.petsumerreport.com
Find healthy pet food in your area Click here
2025 list
Susan's list of trusted pet food. Click here to learn more.
Treat list 2025/26
Susan's list of reliable manufacturers of pets treat. Click here to learn more.
