Pet Industry and the Bite of Higher Costs | 2 Jun 2026 | Thoughts on the Market | Morgan Stanley
- Speaker Details: Simeon Gutman, Morgan Stanley's US Hardlines, Broadlines, and Food Retail Analyst.
- Recording Date & Time: Monday, June 1, 2026, at 10:00 a.m. in New York.
- Core Topic: The current state of the US pet economy, affectionately dubbed the "pet-riarchy," under the pressure of rising macroeconomic costs.
00:00:24 | The Emotional Bond vs. Financial Reality
- The Routine Anecdote: Owners typically enter a store intending to buy a single bag of food, but end up adding treats, medicine, grooming appointments, toys, and unexpected veterinary bills to their total spend.
References
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