Sales transformation completed in April, accelerating sales pipeline growth
Cost initiatives identified through Project Elevate progressing well
Appointment of first Chief Customer and Data Officer ushers in new era of customer leadership
Successfully completed termination of Pension Plan I, leaving cash balance of $11 million and no debt
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Strategy includes multiple paths for long-term growth in the economically resilient pet health and wellness marketplace
Company to leverage Enterprise-wide systems and tools which were enhanced over the last six quarters
New phases of growth will be aimed at existing and new verticals in the pet health sector