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Here's Why Freshpet Stock Surged Higher Today
The Motley Fool· 2024-02-26 16:07
Shares of pet food company Freshpet (FRPT 17.35%) surged higher on Monday after the company reported completed financial results for 2023. As of 10:40 a.m. ET, Freshpet stock was up 19% and had hit new 52-week highs.Business is booming for FreshpetIn the fourth quarter of 2023, Freshpet had net sales of $215 million, its highest ever and up 30% from the prior-year period. This was almost $12 million more than what management had expected. And the good news is that its growth was driven by a 25% increase in ...
Freshpet (FRPT) Beats Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-26 13:41
Freshpet (FRPT) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 244.44%. A quarter ago, it was expected that this seller of refrigerated fresh pet food would post a loss of $0.20 per share when it actually produced a loss of $0.15, delivering a surprise of 25%.Over the last four quarters, ...
Freshpet, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Newsfilter· 2024-02-26 11:30
Full Year 2023 Net Sales and Adjusted EBITDA Exceed Company GuidanceSixth Consecutive Year of >25% Net Sales GrowthProvides Full Year 2024 Outlook SECAUCUS, N.J., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. ("Freshpet" or the "Company") (NASDAQ:FRPT) today reported financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Compared to Prior Year Period Net sales of $215.4 million, an increase of 29.9%Net income of $15.3 million, compared to ...
Freshpet(FRPT) - 2023 Q4 - Annual Report
2024-02-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36729 FRESHPET, INC. (Exact name of registrant as specified in its charter) Delaware 20-1884894 (State of Incorporation) (I.R.S. Employer Identification No.) 400 Plaza Drive, 1st Floor Secaucus, New Jersey 07094 (Address of Principal Executive Offices) (Zip Code) (201) 520-4000 (Registrant's telephone nu ...
Freshpet(FRPT) - 2023 Q4 - Annual Results
2024-02-25 16:00
Exhibit 99.1 Freshpet, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results Full Year 2023 Net Sales and Adjusted EBITDA Exceed Company Guidance Sixth Consecutive Year of >25% Net Sales Growth Provides Full Year 2024 Outlook SECAUCUS, N.J. – February 26, 2024 – Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today reported financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Net sales increased 29.9% to $215.4 million for the fourth quar ...
Freshpet(FRPT) - 2023 Q3 - Earnings Call Transcript
2023-11-06 16:49
Freshpet, Inc. (NASDAQ:FRPT) Q3 2023 Earnings Conference Call November 6, 2023 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Billy Cyr - Chief Executive Officer Todd Cunfer - Chief Financial Officer Scott Morris - Chief Operating Officer Conference Call Participants Ken Goldman - JPMorgan Mark Astrachan - Stifel Rupesh Parikh - Oppenheimer Peter Benedict - Baird Jason English - Goldman Sachs Michael Lavery - Piper Sandler Bryan Spillane - Bank of America Bill Chappell - Truist Securi ...
Freshpet(FRPT) - 2023 Q3 - Quarterly Report
2023-11-05 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36729 FRESHPET, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 20-1884894 (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...
Freshpet(FRPT) - 2023 Q2 - Earnings Call Transcript
2023-08-07 17:06
Freshpet, Inc. (NASDAQ:FRPT) Q2 2023 Earnings Conference Call August 7, 2023 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Billy Cyr - Chief Executive Officer Todd Cunfer - Chief Financial Officer Scott Morris - Chief Operating Officer Conference Call Participants Mark Astrachan - Stifel Peter Benedict - Baird Michael Lavery - Piper Sandler Bryan Spillane - Bank of America Bill Chappell - Truist Securities Cody Ross - UBS Rupesh Parikh - Oppenheimer Jim Salera - Stephens Jon Andersen ...
Freshpet(FRPT) - 2023 Q2 - Quarterly Report
2023-08-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36729 FRESHPET, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 20-1884894 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer ...
Freshpet(FRPT) - 2023 Q1 - Earnings Call Transcript
2023-05-08 16:41
Freshpet, Inc. (NASDAQ:FRPT) Q1 2023 Earnings Conference Call May 8, 2023 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Billy Cyr - Chief Executive Officer Todd Cunfer - Chief Financial Officer Scott Morris - Chief Operating Officer Conference Call Participants Michael Lavery - Piper Sandler Bryan Spillane - Bank of America Rupesh Parikh - Oppenheimer Bill Chappell - Truist Securities Peter Benedict - Baird Jason English - Goldman Sachs Mark Astrachan - Stifel Cody Ross - UBS Jon And ...