Q: Peter; Could PET have a tariff problem? Thanks.
Rod
Rod
5i Research Answer:
PET has discussed tariffs, but notes than since 80% of its business is 'food' it is not particularly worried. It may see some consumer holdback on discretionary items such as toys as prices rise, but generally seem not too concerned overall. The trade was hasn't impacted its stock much, being up 23% YTD.