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Freshpet(FRPT) - 2024 Q2 - Quarterly Results
2024-08-05 10:30
Exhibit 99.1 1 freshne Freshpet, Inc. Reports Second Quarter 2024 Financial Results Significant Profitability and Operating Cash Flow Improvement Second Quarter 2024 Net Sales Driven Entirely by Volume Growth Company Raises 2024 Net Sales and Adjusted EBITDA Guidance Bedminster, N.J. – August 5, 2024 – Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today reported financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Compared to Prior Year Period ...
Freshpet, Inc. Reports Second Quarter 2024 Financial Results
Newsfilter· 2024-08-05 10:30
Significant Profitability and Operating Cash Flow Improvement Second Quarter 2024 Net Sales Driven Entirely by Volume Growth Company Raises 2024 Net Sales and Adjusted EBITDA Guidance BEDMINSTER, N.J., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today reported financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Compared to Prior Year Period Net sales of $235.3 million, an increase of 28.3%. Net loss of $1.7 ...
Freshpet, Inc. Reports Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-05 10:30
Significant Profitability and Operating Cash Flow Improvement Second Quarter 2024 Net Sales Driven Entirely by Volume Growth Company Raises 2024 Net Sales and Adjusted EBITDA Guidance BEDMINSTER, N.J., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today reported financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Compared to Prior Year Period Net sales of $235.3 million, an increase of 28.3%. Net loss of $1.7 ...
Freshpet (FRPT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-07-30 23:20
The latest trading session saw Freshpet (FRPT) ending at $118.52, denoting a -1.61% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.5%. Elsewhere, the Dow saw an upswing of 0.5%, while the tech-heavy Nasdaq depreciated by 1.28%. Analysts and investors alike will be keeping a close eye on the performance of Freshpet in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2024. The company's upcoming EPS is projected at -$0.06, ...
Freshpet (FRPT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-07-29 15:06
Zacks Consensus Estimate The consensus EPS estimate for the quarter has been revised 0.07% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising ...
Freshpet: Anticipating Strong Growth And Positive Earnings In 2024 (Upgrade)
Seeking Alpha· 2024-07-01 15:56
F i I H 1 Yagi Studio Elevator Pitch Freshpet, Inc. (NASDAQ:FRPT) shares are rated as a Buy. I previously performed a preview of FRPT's results for the second quarter of the prior year with my August 3, 2023 write-up. The current article touches on Freshpet's top line growth prospects and profitability improvement potential. I expect Freshpet to record robust revenue expansion at the mid-twenties percentage level and achieve positive earnings this year. The company's top-line performance should benefit from ...
Why Freshpet (FRPT) Outpaced the Stock Market Today
ZACKS· 2024-06-18 23:20
In the latest trading session, Freshpet (FRPT) closed at $131.21, marking a +1.16% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.25%. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.03%. Market participants will be closely following the financial results of Freshpet in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.05, reflecting an 85.71% increase from the same quarter last year. Our most rec ...
Freshpet (FRPT) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-06-11 23:20
In the latest trading session, Freshpet (FRPT) closed at $128.17, marking a -1.35% move from the previous day. This change lagged the S&P 500's 0.27% gain on the day. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.88%. Analysts and investors alike will be keeping a close eye on the performance of Freshpet in its upcoming earnings disclosure. On that day, Freshpet is projected to report earnings of -$0.05 per share, which would represent year-over-year growth of 85. ...
Why Freshpet Stock Leapt 24% Higher in May
The Motley Fool· 2024-06-04 22:27
A strong earnings report helped drive the pet stock higher. Shares of Freshpet (FRPT -0.85%), the maker of fresh food for dogs and cats, were soaring last month after the company reported better-than-expected, first-quarter earnings, and pet stocks rallied more broadly, potentially signaling the end to a long slump in the industry. As a result, the stock finished May up 24%, according to data from S&P Global Market Intelligence. As you can see from the chart below, Freshpet stock jumped following the earnin ...
UPDATE - Freshpet, Inc. to Participate in the Deutsche Bank Global Consumer Conference
globenewswire.com· 2024-05-29 21:30
About Freshpet SECAUCUS, N.J., May 29, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today announced that members of the executive management team will participate in the Deutsche Bank Global Consumer Conference in Paris, France. The presentation will be on Wednesday, June 5, 2024 at 12:00 p.m. CEST / 6:00 a.m. EDT. A live webcast and replay will be available on the "Investors" section of the Company's website at www.freshpet.com. http://instagram.com/Freshpet Our food ...