Consistent spending on pet essentials makes for a resilient sector. Over a decade ago, fund manager Terry Smith memorably explained why he likes investing in pet food: “Research shows that consumers will cut down their expenditure on feeding their children before they will cut down on feeding their pets.”

Source : https://www.ft.com/content/fb4d80cb-c6cb-4587-bd6d-1c9373c53c6d

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