2024 U.S. PET SUPPLIES SPENDING $23.91B…Up $0.89B

Inflation was low but prices were at a record high. Incomes $100K> spent 59% of Supplies $.

Retail Channel $ Update – August Monthly & September Advance

As usual, Retail $ fell Aug>Sep but YOY lifts vs Sep 24 were widespread and most were above avg.

Petflation vs “Human” Inflation

Except for Pet Food vs Groceries, Petflation exceeds Human Inflation.

Petflation 2025 – September Update: Jumps up to +3.5% vs Last Year

The National CPI rose slightly to 3.0% from 2.9%, but Petflation jumped up to 3.5% from 2.5%.

2024 Top 100 U.S. Retailers – Sales: $3.04 Trillion, Up 3.7%

Retail is definitely concentrated as 10 companies generate 21.8% of all Retail $.

Petflation 2025 – August Update: Slows to +2.5% vs Last Year

The National CPI rose to 2.9% from 2.7% but Petflation slowed to 2.5% from 2.6%. August was a mixed and complex month!