Which company owns Blue Buffalo

General Mills touts Blue Buffalo success story as proof of acquisition, brand growth capabilities

MINNEAPOLIS Net sales for General Mills pet segment, Blue Buffalo, were up 14% to $436 million in the third quarter of the companys fiscal 2021, ended Feb. 28. Operating profit for the segment was up 9% to $102 million.

Nine-months sales for the segment grew 13% to $1.29 billion, with operating profit up 22% to $312 million.

Growth for the Blue Buffalo brand was driven by positive volume growth and market share gains, and partially offset by investment costs for its new BLUE Tastefuls wet cat food portfolio officially launched in mid-March unfavorable net price realization and mix, and increased media investment, the company reported.

One of the most compelling growth opportunities in our portfolio resides within our pet segment, said Jeff Harmening, chairman and chief executive officer of General Mills. Next month marks the third anniversary of our transformational acquisition of Blue Buffalo. As we think about continuing to reshape our portfolio for enhanced growth, we look to our performance with BLUE as evidence of our ability to successfully acquire, nurture and grow brands and businesses where we can leverage the power of General Mills team and capabilities.

Since its acquisition of Blue Buffalo in 2018, General Mills has delivered significant growth for the pet food and treat brand. From 2017 to the end of February 2021, annual net sales were up $450 million at a more than 10% compounded annual growth rate (CAGR), and annual operating profit has grown $120 million at an 11% CAGR.

Third-quarter growth for both wet food and treats was approximately 25%, shared Kofi A. Bruce, chief financial officer of General Mills. The company plans to focus on these two categories, specifically wet cat food, as well as condition-based diets to drive continued growth.

Wet cat food is an attractive, growing segment with roughly $5 billion in retail sales, said Bethany Quam, global president of General Mills pet segment.

The companys new BLUE Tastefuls launch, which will replace its existing Healthy Gourmet cat food portfolio, specifically speaks to this category with an emphasis on natural formulations.

Since we acquired Blue Buffalo, the US pet food category has grown about 4% a year, and recent trends point to continued mid-single-digit growth for the category going forward, Quam said. Natural pet food, which represents around 30% of total pet food sales today, has led the category with 9% growth in calendar 2020. Because we know pet parents want natural, high-quality ingredients for their pets, we expect the natural segment to continue to drive category growth in the years ahead.

General Mills has also increased Blue Buffalos retail and household penetration, growing primarily in the Food, Drug and Mass (FDM) channel. Blue Buffalo has grown from 22% ACV [all-commodity volume] in the FDM channel in 2017 to 86% ACV in 2020.

Additionally, household penetration is up 6% from 2017, and market share has also grown. The company is also focusing on the pet specialty and e-commerce channels to drive growth through its brand awareness strategy deemed Out with the Old, In with the Blue.

In BLUEs early days with General Mills, we invested significantly to continue to build the brand and accelerate BLUEs expansion in the Food, Drug and Mass channel where about 40% of pet food is sold, Quam said. As a result, since the acquisition, weve increased our distribution in FDM weve nearly doubled our household penetration, and weve increased our all-channel market share to about 7.7% in this fast-growing category.

The company continues to grow internationally, with its pet segment up 40 basis points and other product segments up between 30 and 110 basis points. The companys key international markets include Canada, France, the United Kingdom, Brazil and New Zealand.

Overall, the company posted strong financial numbers for the third quarter. Yet, the Minneapolis-based company could face challenges in upcoming financial quarters.

General Mills in the fourth quarter will begin overlapping the period when the COVID-19 pandemic hit and changed consumer eating patterns. Inflation is becoming a headwind, too.

As we look ahead to Q4 and fiscal 2022 where we'll be comparing against pandemic-driven results that included unprecedented global at-home food demand, we plan to introduce a two-year compound growth metric into our quarterly communications, Bruce explained. This will enable investors to compare our results against pre-pandemic periods and give you better visibility into the underlying momentum in our business. In other words, you'll be able to better see how much demand is sticking.

Net earnings attributable to General Mills in the third quarter were $595.7 million, or $0.97 per share on the common stock, which was up 31% from $454.1 million, or $0.75 per share, in the previous years third quarter. Net sales rose 8% to $4.52 billion from $4.18 billion in the previous years third quarter, reflecting market-share gains amid elevated demand for food at home.

Organic net sales were up 7% in the third quarter. General Mills expects full-year organic net sales to increase about 3.5%.

Companywide over the first nine months of the fiscal year, net earnings attributable to General Mills were $1.92 billion, or $3.13 per share on the common stock, which was up 24% from $1.56 billion, or $2.56 per share, over the same time of the previous year. Nine-month net sales rose 8% to $13.6 billion from $12.6 billion.

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General Mills to buy Blue Buffalo pet food for $8 billion

General Mills, which is best known for cereal brands like Cheerios and Wheaties, is branching into the fast-growing pet food business with a multi-billion dollar acquisition.

General Mills announced Friday that it's buying Blue Buffalo Pet Products (BUFF) for $8 billion. The brand makes natural food for dogs and cats.

"We know that pets are family members, as you've heard me say multiple times, and we want to continue to do better for all family members, both non-furry and furry," said Blue Buffalo Chief Executive Officer Billy Bishop, in a call with analysts.

General Mills hasn't sold pet food for about 50 years. Chief Executive Officer Jeff Harmening referred to the purchase as a "portfolio reshaping strategy" in the analyst call.

"Reshaping our portfolio is something we intend to continue to do and we'll probably accelerate," he said.

General Mills has experienced some weak profits because of lackluster cereal and Yoplait yogurt sales. But Wall Street didn't seem to embrace its diversification plan. General Mills (GIS)' stock price dipped 3% in early trading. Standard & Poor's said that it lowered General Mills' rating to BBB "because of the substantial increase in leverage," though the outlook remains stable.

But the acquisition makes sense to Larry Light, a brand revitalization expert who used to be the chief marketing officer for McDonald's (MCD).

"The three most profitable aisles in the supermarket are beverage, snack food and pet food," he said. "General Mills is under profit pressure. To me, it makes a lot of sense to get into beverages, snack food and/or pet food. In many parts of the world, people spend more per calorie to feed their pets than they feed their kids."

The pet industry has been growing rapidly in recent years. The pet care and pet service industry saw about a 10 percent jump in sales in 2016 and a nearly 6% increase in profit, according to data compiled by Sageworks, a financial information company.

Related: Consumers sour on yogurt and cereal

He said this is why Mars, Inc., which is known for candy, owns a couple of pet food brands.

General Mills spokeswoman Bridget Christenson said the company has already branched into the snack bar business, having acquired Lrabar, which has vegan and gluten-free energy bars, 10 years ago.

The company also has Nature Valley, a snack bar brand it developed in the 1970s. Christensen said that Blue Buffalo, with its organic products, is a good fit for the company's health conscious image.

The company also bought natural food company Annie's in 2014 for $820 million.

The Blue Buffalo acquisition is expected to close in May.

CNNMoney (New York) First published February 23, 2018: 2:55 PM ET

Who Owns the Blue Buffalo Company?

20.01.2017 First of all Blue Buffalo is not a privately held company, it went public July 22, 2015. I own stock so I am quite sure it is a public company. Honest mistake if you dont follow the stock market or the landscape of pet food companies, both of which I do.

Who owns the dog food company Blue Buffalo 20/1/2017 actually, Blue Buffalo was founded by Bill Bishop and the Bishop family out of CT. They, also,

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Blue Buffalo Company, Ltd. produces and supplies pet food products. The Company offers dry foods, wet foods, and treats for cats and dogs. Blue Buffalo serves customers in the United States.

Due to the immense success and reputation of the Blue Buffalo brand, many people wondered where is Blue Buffalo Dog Food made. However, a company as huge as General Mills found in Blue Buffalo, saw it as the perfect way to diversify its product portfolio.

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23.02.2018 General Mills also owns Haagen-Dazs, the deal price marks a 23% premium above the 60-day average of Blue Buffalo shares. The pet food companys stock rose 17% to

23.02.2018 General Mills plans to buy Blue Buffalo Pet Products for roughly $8 billion in cash. The company expects the deal to close by the end of this year.

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The Blue Buffalo Company of Wilton, Connecticut, is a family business that makes natural dog food and treats, and natural cat food under the BLUE brand.HistoryFounded by The Bishop Family, the

3. The Services contains content owned or licensed by Blue Buffalo (Blue Buffalo Content). Blue Buffalo Content is protected by copyright, trademark, patent, trade secret and other laws, and, as between you and Blue Buffalo, Blue Buffalo owns and retains all rights in all Blue Buffalo

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• NATURAL DOG FOOD: All BLUE wet dog foods are made with the finest natural ingredients enhanced with vitamins and minerals
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Blue Buffalo brand dog food is owned and manufactured by The Blue Buffalo Company.The Blue Buffalo Company is currently based out of Wilton, Connecticut. The Blue Buffalo company

25.01.2016 The #1-selling natural pet food in Pet Specialty, BLUE Life Protection Formula for dogs and cats, is made by Blue Buffalo. Natural, healthy dog and cat food that tastes delicious. The difference is in the ingredients we use and dont use. Love them like family. Feed them like family.

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30.08.2015 What company owns Blue Buffalo products, and are they affiliated with any other brands? Or is Blue Buffalo the company name itself? Note: I do not feed BB. Im just curious. August 30, 2015 at 2:14 pm #77677 Report Abuse. Kathleen C. Member.

Blue Buffalo has continued to make claims in its advertising that none of its pet foods contains animal by-products thereby implying that Blue pet foods are and later SoBe, a beverage company he co-founded in the 1990s. Blue Buffalo last year racked up an impressive $ There are cookbooks out there on how to make your own dog food. Reply.

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• NATURAL DOG FOOD: All BLUE canned dog foods are made with the finest natural ingredients enhanced with vitamins and minerals
• WHOLESOME INGREDIENTS: BLUE wet dog food contains NO chicken (or poultry) by-product meals, NO corn, wheat (a common thickening agent used by many other brands) or soy, and NO artificial flavors or preservatives
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22.07.2015 Investors were gobbling up shares of pet food company Blue Buffalo during its public debut on Wednesday. Shares surged 35% above their initial price right off the bat. Blue Buffalo

Professional sports Buffalo Sabres. In February 2011, Pegula purchased Hockey Western New York LLC (the holding company that owns the Buffalo Sabres and the Buffalo Bandits of the National Lacrosse League) from previous owners Tom Golisano, Larry Quinn, and Dan DiPofi for $189 million. Pegulas purchase made an immediate positive impact, with players, fans and alumni invigorated by

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12.09.2017 2014: Multiple lawsuits have been filed against The Blue Buffalo Company claiming, among other things, that the company falsely represents that pet food does not contain ingredients such as chicken/poultry by-product meals and corn when it actually does contain these ingredients.

Blue Buffalo is a publicly traded company. Pet food brands include Blue and Blue Buffalo. The brand is sold in North America, and Asia Pacific. #5 World Pet Food Sales: Diamond Pet Food. Annual revenue 2015: $1,150,000,000.00. Diamond Pet Food has multiple brands of their own, but the company is also known as being a co-packer (manufacturer) of

Two years later, Bill, along with his sons Billy and Chris, formed Blue Buffalo pet food company. The legacy of Blue energizes and further fuels our mission, said Chief Executive Officer

23.02.2018 The company also has Nature Valley, a snack bar brand it developed in the 1970s. Christensen said that Blue Buffalo, with its organic products, is a good fit for the companys health conscious image.

03.08.2018 General Mills might have to learn the hard way after it bought Blue Buffalo Pet Products Inc., a fast-growing pet food company for an enterprise value of $8 billion. Blue Buffalo has its charms.

Blue, the companys flagship brand, has entered a number of international beer ratings competitions and has always performed notably well. In 2003, Labatt Blue received a Gold Quality Award at the World Quality Selections, organized yearly by Monde Selection.

Welcome to The Adirondack Buffalo Company of North Hudson, owned and operated by Dorreen and Steve Ossenkop. Our farm, nestled in the heart of the Adirondack Mountains in North Hudson, New York, is home to a herd of about forty American Bison or buffalo as they are commonly called.

No small company, it is estimated that Blue Buffalo sells over a billion dollars of pet food at retail and well over 10 million bags annually. Through a $50 million annual advertising campaign that flooded airwaves and pet food aisles alike, Blue Buffalo told consumers over and over, emphatically and without qualification, that its products never contain poultry by-product meal, said Schopp.

There are 12 companies that go by the name of The Blue Buffalo Company LLC. These companies are located in Arvada CO, Baltimore MD, Bingham Farms MI, Boston MA, Chicago IL, Dover DE, Hartford CT, Jefferson City MO, Kerrville TX, and Wilton CT.

06.09.2017 Important Blue Buffalo recall information appears below. Imagine Jack, the giant slayer, cutting a lucrative deal with the giant instead of slaying him. Thats the history of Blue Buffalo pet food. In 2018, General Mills, the food monolith that also sells Cheerios and Pillsbury, acquired Blue

Blue Buffalo Foundation. A nonprofit, charitable organization, the Blue Buffalo Foundation encompasses a variety of programs intended to enhance and improve the lives of our furry friends by funding cancer research, financial assistance for cancer treatments, veterinary scholarships and by providing financial support to organizations who provide service dogs for disabled military personnel.

Ball Corporation is an American company headquartered in Broomfield, Colorado.It is best known for its early production of glass jars, lids, and related products used for home canning.Since its founding in Buffalo, New York in 1880, when it was known as the Wooden Jacket Can Company, the Ball company has expanded and diversified into other business ventures, including aerospace technology.

The Blue Buffalo Company, Ltd. is a Connecticut Domestic Profit Corporation filed on December 6, 2006. The companys filing status is listed as Active and its File Number is 0881183. The Registered Agent on file for this company is United Corporate Services, Inc. and is located at 66 Cedar Street, Newington, CT 06111.

The Blue Buffalo Company is located at the address 11 River Rd in Wilton, Connecticut 06897. For more information go to www.bluebuff.com For maps and directions to The Blue Buffalo Company view the map to the right. For reviews of The Blue Buffalo Company see below.

Reviews and Ratings from The Blue Buffalo Company customers who had an experience they wanted to share with millions of GetHuman users, including good testimonials, complaints, customer service nightmares, excellent service, negative reviews, bad experiences, and award-winning excellence.

The Blue Buffalo Company, Ltd. is a Louisiana Business Corporation (Non-) filed on June 3, 2005. The companys filing status is listed as Active and its File Number is 35952468F. The Registered Agent on file for this company is Ucs Of Louisiana, Inc. and is located at 3867 Plaza Tower Dr., 1st Floor, Baton Rouge, LA 70816.