OurPet’s Company (OPCO) Anticipates Strong Performance in Second Half of 2016 Despite Slight Decline in Q2
There are very few industries that can claim going through recession relatively unscathed, and the pet industry is one of them. Growing steadily by approximately 5.4% every year since 2002, the industry continues the trend this year as well, being expected to reach $62.75 billion in revenue in the U.S. by the end of the year. This figure marks a 4% increase from 2015. The trend is largely due to a general tendency to humanize our pets and treat them as members of the family, offering them the best care possible, whether it’s high-end accessories, medical services or super premium…