i-Tail Corporation Reports Strong Q3 Growth and Strategic Acquisition Plans
Thai pet food manufacturer i-Tail Corporation has reported a 9.7% increase in third-quarter sales, driven by strong demand in the US market.
According to a report by Prachachat Business, i-Tail Corporation announced its financial results for the third quarter of 2026, showing a sales revenue of 5.177 billion baht, representing a 9.7% growth. In US dollar terms, sales rose by 11.2% to reach 160 million dollars, with sales volume increasing by 11.4% to 31,376 tons. The company maintained a gross profit margin of 25%. The United States remains the company's largest market, accounting for 60% of total sales over the first nine months of the year. Furthermore, the company is moving forward with the acquisition of Phelps. For residents and investors, this growth highlights the robust performance of Thailand's pet food export sector, which continues to benefit from international demand. While the financial figures provide a clear picture of the company's current market position, details regarding the finalization and integration timeline of the Phelps acquisition remain to be confirmed. The company's ability to sustain this momentum in the face of global economic fluctuations will be a key factor for stakeholders to monitor in the coming quarters.
