MR. HATT: Not bad, thanks for phoning.
INTERVIEWER: You’re welcome; I know you said you were going to try me back.
MR. HATT: I was going to try and call you yesterday and unfortunately, my wife’s father passed away yesterday.
INTERVIEWER: Oh, I’m very sorry to hear that.
MR. HATT: No problem, so we’ve, as you can imagine, been a little busy.
INTERVIEWER: Should we talk a different time perhaps?
MR. HATT: No problem, I will try and help you the best I can right now.
INTERVIEWER: Okay, I appreciate that, if it’s okay. I understand your situation.
MR. HATT: No problem, buddy, no it’s okay, we will do the best we can, what can I do to help you?
INTERVIEWER: As I mentioned, I’m doing some investment research related to Blue Buffalo and sometimes some folks who understand the natural per food market, from different angles, and trying to get a different sense, I guess you could call it …show more content…
So, you know every day when you go into Costco, the most you are going to get charged a premium for is maybe 13 maximum, 15 points. At least you can rest comfortably; you’re not getting zipped for 40.
INTERVIEWER: So, when a Natural Balance comes into a place like PetSmart and they need more shelf space, where is that shelf space going to come from? Does it get taken away from somebody like Blue Buffalo?
MR. HATT: It gets taken away and I wouldn’t think it would get taken away from Blue Buffalo, they are on a roll. Like I said before, I think it would be taken out of the under performers and the Hills, depending on how much Hills is lending their pockets in trade spend money, or Royal Cain and the same thing would go in that case as well. It would probably shrink them, but it the guys that have been around awhile, so down in the states you have Nature Recipe, its probably going to come out of their back pocket. I’m just speaking