Elanco Boosts Profit Forecast Amid Surge in Tick Bites
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Elanco Animal Health has increased its profit and revenue forecasts, driven by a rise in consumer spending on pet health products. CEO Jeff Simmons discussed the factors behind this boost during an appearance on 'Bloomberg The Close.'
Simmons also highlighted a recent surge in tick bites, which has contributed to the growing demand for pet health solutions. The company is responding to this trend as it adjusts its financial outlook.
Elanco
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“Elanco Animal Health President and CEO Jeff Simmons discusses what's behind the company's increased profit and revenue forecasts.”
Bloomberg — Elanco CEO on Boosted Forecast, Surge in Tick Bites