Blue Buffalo Pet Products reports Q2 adjusted EPS 21c, consensus 21c
Reports Q2 revenue $294.8M, consensus $302.2M. The company said, "We are excited to expand the distribution of our BLUE Life Protection Formula line with a launch in four leading mass and grocery retailers," said Blue Buffalo CEO, Billy Bishop. "This is a natural evolution of our go-to-market model that will allow us to reach more pet parents and feed more pets. Going forward, you will see us take a deliberate and channel specific approach with each of our retail partners as we match their needs with the breadth and strength of the Blue Buffalo platform. As part of this, our Wilderness, Basics, Freedom, and Earth's Essentials lines will continue to be distributed exclusively through our specialty retail partners."