According to petfoodprocessing, Hill’s Pet Nutrition significantly contributed to Colgate-Palmolive’s growth, accounting for 22% of total net sales in Q2 2024, with net sales totaling $1.11 billion, a 5.5% increase year-over-year. Operating profit for Hill’s rose by 23% to $235 million in Q2. Colgate-Palmolive’s overall net sales for the quarter were $5.06 billion, up 4.9% from the previous year, with organic sales growing by 9%. The company highlighted Hill’s ongoing market share gains and increased production capacity as key factors driving growth, particularly in the wet pet food segment.
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