Bangkok, 29 April 2026 – i‑Tail Corporation Public Company Limited (ITC), a global leader in the pet food industry, reported its strongest first‑quarter performance since the company went public. Total sales reached USD 163 million, growing 28.6% year-on-year, supported by stronger demand from key customers in the United States and Europe. In Thai baht terms, sales were THB 5.17 billion, increasing 21.8% year‑on‑year.

Operating profit reached THB 762 million, increasing 36.0% year-on-year, driven primarily by higher sales volumes and value as well as disciplined cost management. Adjusted net profit (excluding transformation costs) stood at THB 991 million, growing 24.9%.

Roy Chan, Chief Executive Officer of i-Tail, said, “i-Tail’s record performance in the first quarter of 2026 underscores the consistent execution of our strategy, with efficiency improvements and strong commercial delivery translating into tangible outcomes, including revenue growth and a resilient gross profit margin. Despite volatility in the world’s trade environment, our customers continue to rely on i-Tail’s innovation capabilities, sustainability track record, and ability to deliver quality on a truly global scale.”

Gross profit rose to THB 1.26 billion, up 23.1% year‑on‑year, with a gross profit margin of 24.3%, reflecting a shift toward premium products, which made up 51.5% of total sales.

Pet treats continued to be a key growth driver, contributing 20.8% of total sales in the first quarter of 2026, representing 95.0% year‑on‑year growth, driven by premiumization trends, rising consumer focus on pet wellbeing, and the growing popularity of lickable treat formats.

From a market perspective, all regions recorded year-on-year growth during the quarter. The Americas remained i‑Tail’s largest region, accounting for 60.0% of total sales, fueled by accelerating demand from global pet food companies and private labels. Europe saw a strong market recovery, recording 49.2% year-on-year growth and contributing 15.0% of total sales, supported by improving order momentum from private label customers. Asia and Oceania accounted for 25.0% of total sales, driven mainly by demand from brand owners and importers in Japan, Taiwan, and Australia.

“The strong first‑quarter results were supported by healthy demand across markets, alongside our closer collaboration with customers to help create a more balanced ordering profile across the year,” Roy Chan said. “Our performance in the face of global headwinds also reflects the resilience of our business model, our experience navigating global disruptions, and the strength of our customer partnerships. While the impact of the conflict in the Middle East was not material in the first quarter, we are proactively implementing mitigation measures and engaging customers to manage potential knock-on effects. With a strong start to the year and a solid strategic foundation, we remain confident in our ability to create long‑term value for our stakeholders.”

Looking ahead, i‑Tail maintains its 2026 guidance, including U.S. dollar sales growth of 9–12%, a gross profit margin of 23–25%, and SG&A to sales of 9–10%, reflecting a balanced full-year outlook while monitoring developments related to the Middle East conflict.