Freshpet Shares Gain 4% After Earnings Beat Despite Slight Revenue Miss

Core Insights - Freshpet Inc. reported fourth-quarter results that exceeded earnings expectations with adjusted earnings per share of $0.64, surpassing the consensus estimate of $0.41 by $0.23 [1] - The company's revenue totaled $285.2 million, slightly below the estimate of $285.7 million, but showed an 8.6% increase from $262.7 million in the prior-year period [2] Revenue and Growth - The growth in revenue was driven by a 9.7% increase in volume, which was partially offset by an unfavorable price/mix impact of 1.1% [2] - For fiscal 2026, Freshpet projected net sales growth of 7% to 10%, equating to revenue between $1.179 billion and $1.212 billion, with a midpoint reflecting approximately 8.5% growth [3] Financial Performance - For the full year 2025, Freshpet's net sales rose 13% to $1.102 billion, and adjusted EBITDA increased to $195.7 million from $161.8 million the previous year [4] - The company generated positive free cash flow of $12.4 million, compared to negative $32.8 million in 2024 [4]