News last update:6 Aug 2012

Menu Foods increases price wet pet food

Menu Foods Income Fund has raised the price on its wet pet food sold to its private-label customers.

The company said Thursday the increase is expected to increase its total annualized sales by more than 3%.

"While costs continue to rise, the price increase will enable Menu to recover, from private-label customers, the cost increases it would otherwise be required to absorb," the company said.

Menu makes wet pet food products sold by supermarkets, mass merchandisers, pet specialty retailers and other retail and wholesale outlets.

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(Source: The Canadian Press)

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