Question-and-Answer SessionMaybe we start off with, as we've heard over the past couple of days, right, if there's been maybe 1 constant this year, it's been the constant of change. So maybe in that context, I think maybe it would be good to open it up by just letting you share sort of what's changed for Freshpet since our fireside chat here, basically this time a year ago?William CyrCEO & Executive Director Great. First, thank you very much for hosting us. We really appreciate it. We think this is a great ...

Freshpet (FRPT) FY 2025 Conference September 04, 2025 01:30 PM ET Company ParticipantsAndrew Lazar - Managing DirectorBilly Cyr - CEO & DirectorTodd Cunfer - CFOAndrew LazarPerfect. Okay, everybody. Thanks for hanging in there on day three. We're excited to welcome back Freshpet with us today. Again, with us are CEO Billy Cyr and Chief Financial Officer Todd Cunfer. Thanks so much for joining.Billy CyrGlad to be here.Andrew LazarMaybe we start off with, as we've heard over the past couple of days, right? If ...

Financial Data and Key Metrics Changes - The company has improved its EBITDA margin from 3% three years ago to a projected 18% this year, with gross margins running around 48% [8][19][71] - The company is approaching $1 billion in revenue, with a significant portion of the pet food market still untapped, estimated at $3 billion in retail sales for fresh and frozen products [4][5] Business Line Data and Key Metrics Changes - The company has seen a slowdown in new user acquisition due to weak consumer sentiment, although the existing user base remains strong [6][7] - Household penetration growth rates are in the high single digits overall, with mid double digits for the most valuable pet parents (MVPs) [38] Market Data and Key Metrics Changes - Consumer sentiment has been at its lowest, impacting the willingness to adopt dogs and trade up to premium dog food [6][12] - The company expects the dog food category to continue growing, with long-term trends favoring premiumization despite short-term fluctuations [11][14] Company Strategy and Development Direction - The company aims to maintain a competitive edge through strong manufacturing capabilities and brand equity, preparing for increased competition in the fresh pet food market [44][46] - The focus is on targeting high-value consumers (MVPs) who are likely to feed Freshpet as their main meal, enhancing brand loyalty [39][40] Management's Comments on Operating Environment and Future Outlook - Management believes the current slowdown is a temporary phenomenon and remains confident in the long-term growth potential of the fresh pet food market [64][67] - The company is adapting its advertising strategy to better communicate the value of fresh food to consumers, particularly in a challenging economic environment [21][22] Other Important Information - The company has reduced its capital expenditure (CapEx) forecast for the year to about $175 million, down from an initial outlook of $250 million, allowing for more free cash flow [56][58] - New technology is being tested that could significantly improve bag margins and production efficiency, with expectations for implementation in the coming years [50][53] Q&A Session Summary Question: What gives you confidence in your ability to hit long-term margin targets? - Management expressed confidence in achieving 48% gross margin and 22% adjusted EBITDA margin by 2027, contingent on steady sales growth [19][20] Question: Can you talk about your expectations for top-line growth this year? - The company is focusing on adapting its messaging to attract consumers willing to trade up, while also expanding distribution channels [21][23] Question: How do you foresee the competitive landscape evolving? - Management believes they are well-prepared for increased competition and that new entrants will ultimately benefit the category by raising awareness [42][46] Question: What are the key themes from investor meetings? - Investors are concerned about the current slowdown but are reminded that it does not diminish the long-term opportunity in the market [64][66]

Colgate-Palmolive Company (CL) FY 2025 Conference September 03, 2025 09:00 AM ET Company ParticipantsLauren Lieberman - Managing DirectorNoel Wallace - Chairman, CEO & PresidentLauren LiebermanOkay. We're going to get started. So next up, we're pleased to welcome Colgate's CEO, Noel Wallace, to the stage. Noel is going to start with a presentation highlighting the success of Colgate's 2025 strategic plan, give us a little peek into a few topics of the 2030 strategy, and then after that, I'll come back on st ...

Colgate-Palmolive Company (CL) FY 2025 Conference September 03, 2025 09:00 AM ET Speaker0Okay. We're going to get started. So next up, we're pleased to welcome Colgate's CEO, Noel Wallace, to the stage. Noel is going to start with a presentation highlighting the success of Colgate's 2025 strategic plan, give us a little peek into a few topics of the 2030 strategy, and then after that, I'll come back on stage for a brief Q and A.Speaker1Well, thank you, Yvonne, and good morning, everyone. A reminder, I'm sur ...

Financial Data and Key Metrics Changes - The company has experienced five years of strong growth through fiscal 2023, influenced by significant inflationary pressures [5] - The fiscal 2026 priorities focus on organic sales growth, with a long-term target of 2% to 3% growth [5][10] - The company expects a decline in operating profit of 10% to 15% for fiscal 2026, attributed to unusual factors such as the divestiture of Yoplait and reset of incentive compensation [25][26] Business Line Data and Key Metrics Changes - The North America retail business aims to restart volume-driven organic sales growth, with improvements seen in eight of ten categories [6][7] - The Pet business is focused on driving dollar share growth and has significant product news planned [6][10] - New product sales are expected to increase by 25% this year, with notable launches across major categories [35] Market Data and Key Metrics Changes - Industry volume recovery has been slower and more expensive than anticipated, with flat volume growth expected in the company's categories [16][17] - The company acknowledges a shift in consumer behavior towards value, impacting overall volume [18][19] - Despite challenges, there are growth opportunities in categories focused on health, bold flavors, and nostalgia [19] Company Strategy and Development Direction - The company is reshaping its portfolio towards growth orientation, having divested underperforming segments and acquired into fast-growing areas like pet food [10][11] - A focus on the "remarkable experience framework" aims to enhance brand competitiveness across key measures [12][34] - The company is investing in digital capabilities to improve efficiency and market positioning [13][61] Management's Comments on Operating Environment and Future Outlook - Management highlights the importance of addressing consumer value needs and the impact of inflation on purchasing behavior [5][18] - The company is optimistic about returning to mid-single-digit growth in the pet segment and leveraging new product innovations [56] - Management emphasizes the need for responsible investment to support organic sales growth while managing profitability [25][27] Other Important Information - The company plans to launch into the fresh pet food category, projecting significant growth potential in this $3 billion segment [43] - The fresh segment is expected to grow to $10 billion within the next decade, with a focus on leveraging the Blue Buffalo brand [43][44] - The company is committed to maintaining strong in-store presence and national advertising for the fresh product launch [46] Q&A Session Summary Question: What gives you confidence in achieving your long-term growth targets? - Confidence stems from portfolio reshaping, brand focus, and investment in capabilities [10] Question: What are the main drivers of the expected decline in profitability? - The decline is influenced by the Yoplait divestiture and reset of incentive compensation, which are seen as transitory factors [26] Question: How do you view the competitive landscape and your positioning? - The company acknowledges past competitiveness issues and is focused on improving product quality and advertising [34] Question: What metrics will indicate success in the fresh pet food segment? - Initial metrics will focus on trial, repeat purchases, and penetration within households [53]

Financial Data and Key Metrics Changes - The company has experienced five years of strong growth through fiscal 2023, influenced by significant inflationary pressures [5] - The fiscal 2026 priorities focus on organic sales growth, with a target of 2% to 3% long-term growth [10][12] - The company reaffirmed its guidance for the year, indicating confidence in its strategies despite current challenges [9] Business Line Data and Key Metrics Changes - The North America Retail business is focused on restarting volume-driven organic sales growth and driving dollar share growth in the Pet business [5][6] - The company reported pound share growth in eight of its ten categories in North America Retail, with seven categories showing improvement since Q4 [8] Market Data and Key Metrics Changes - The industry is facing a flat volume growth, with expectations of 0.5% growth aligning with population growth [20] - The company noted a shift in consumer behavior towards cooking from scratch due to value concerns, impacting volume trends [22][24] Company Strategy and Development Direction - The company is reshaping its portfolio towards growth-oriented categories, having divested underperforming segments [12] - The focus is on enhancing brand performance through the Remarkable Experience framework, which emphasizes product quality, packaging, and price value [13][14] - Significant investments in digital capabilities and e-commerce are being made, with e-commerce sales now representing 18% of total sales [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by inflation and consumer value consciousness, which have affected volume recovery [19][24] - The company is optimistic about growth opportunities in categories focused on health and nostalgia, which are currently trending positively [25] Other Important Information - The company is launching into the fresh pet food category, leveraging learnings from previous tests to ensure a successful entry [47][52] - The Fresh segment is projected to grow significantly, with the company aiming to capture a fair share of this market [52] Q&A Session Summary Question: What gives confidence in achieving long-term growth targets? - Confidence stems from portfolio reshaping, brand focus, and investment in capabilities [12][13] Question: What are the main drivers of expected profitability decline? - Unusual factors include the divestiture of Yoplait and reset of incentive compensation, which are seen as transitory [28][30] Question: How is the company addressing competitiveness issues? - The company is investing in product quality, advertising, and adjusting pricing strategies to improve competitiveness [39][40] Question: What metrics will be tracked for the Fresh business? - Initial metrics include trial, repeat, and penetration rates to gauge success [64] Question: What is the long-term growth potential for the Pet segment? - The company aims for mid-single-digit growth in the Pet segment, focusing on product superiority and market expansion [66]

One pundit tracking the pet food and treat company feels its top-line growth is sputtering.Freshpet (FRPT -10.32%) stock was hardly looking fresh as the new trading week began. The pet food and treat specialist saw its share price erode by more than 10%, on the back of an analyst's latest price target action. That decrease was far more pronounced than the 0.4% slide of the benchmark S&P 500 index that day. Sales growth slowdown?TD Cowen's Robert Moskow was the pundit accusing Freshpet of being a bad boy. He ...

肉源安全已成为全球宠物食品行业的共性挑战。在亚洲宠物食品峰会中，相关专家指出，2023年，欧盟 召回宠粮23批次，其中71%因肉源污染；美国FDA报告显示，67%的宠粮肉源溯源模糊；慢性肾病占老 年猫死因30%，与劣质肉源正相关。 庄园牧场自2000年成立以来，已构建起集奶牛养殖、研发、加工与销售于一体的全产业链布局。其奶源 基地建设始于2009年，11座自有牧场执行严苛的6S管理体系，保证奶牛无应激生长、无外来激素干 预。奶牛所食牧草产自富硒土壤有机牧场，杜绝转基因豆粕和饲料边角料。 本报讯 （记者刘欢）在传统乳业面临成本持续上涨与市场竞争白热化的双重压力下，甘肃省农垦集团 有限责任公司旗下上市公司兰州庄园牧场股份有限公司（以下简称"庄园牧场"）却从中嗅到新商机。在 第二十七届亚洲宠物展览会（以下简称"亚宠展"）上，庄园牧场子公司甘肃多鲜供应链有限公司正式推 出宠物食品品牌"萨费"（Safiyy），以其独创的"奶牛肉"为核心差异化原料，切入宠物食品赛道。 近年来，我国宠物食品行业步入高速发展期，消费升级与养宠精细化趋势推动市场持续扩容。商业数据 平台Statista发布的数据显示，2023年中国宠物食品市场 ...

BEDMINSTER, N.J., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today announced that members of the executive management team will participate in the Barclays 18th Annual Global Consumer Staples Conference in Boston, MA. The fireside chat will be on Thursday, September 4, 2025 at 1:30 p.m. ET. A live webcast and replay will be available on the "Investors" section of the Company's website at www.freshpet.com. About Freshpet Freshpet's mission is to elevate the ...