Zoetis cuts annual sales forecast as inflation weights on pet spending

Nov 2 (Reuters) – Pet products maker Zoetis Inc (ZTS.N) cut its annual profit forecast and missed quarterly sales estimates Thursday as inflation continues to weigh on pet spending. The company said it now expects adjusted profit for the year at $5.38 per share to $5.43 per share, compared to its previous forecast of $5.37 … Read more