BEDMINSTER, N.J., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Nasdaq: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the fourth quarter and full year ended December 31, 2025 on Monday, February 23, 2026 before market open. The Company will host a conference call with members of the executive management team to discuss these results with additional comments and details. The conference call is scheduled to begin at 8:00 a.m. ET on Monday, February 23, 2026. To participate ...

Core Insights - Freshpet, Inc. will participate in the Morgan Stanley Global Consumer & Retail Conference on December 2, 2025 [1] Company Overview - Freshpet's mission is to provide fresh food for pets, using locally sourced fresh meats, vegetables, and fruits [2] - The company prepares its foods in small batches at lower temperatures to maintain the natural goodness of the ingredients [2] - Freshpet foods are kept refrigerated from production until they reach local markets [2] Distribution Channels - Freshpet products are available in various retail formats including grocery, mass, digital, pet specialty, and club retailers across the U.S., Canada, and Europe [3] - The company emphasizes integrity, transparency, and social responsibility in its operations [3]

Core Insights - Freshpet, Inc. will participate in the J.P. Morgan U.S. Opportunities Forum on November 12, 2025, at 11:45 a.m. ET, with a live webcast available on their website [1] Company Overview - Freshpet's mission is to enhance pet nutrition through fresh food made from locally sourced meats, vegetables, and fruits, prepared in small batches at lower temperatures to maintain ingredient quality [2] - The company emphasizes integrity, transparency, and social responsibility in its operations, ensuring that their foods are refrigerated from production to delivery [3] Distribution Channels - Freshpet products are available in various retail formats, including grocery stores, mass retailers, digital platforms, pet specialty stores, and club retailers across the U.S., Canada, and Europe, as well as online in the U.S. [3]

Core Viewpoint - Freshpet's CEO, Billy Cyr, along with family members and trusts, plans to adopt trading plans to exercise options set to expire in 2026, while maintaining a significant ownership stake in the company [1][2][3]. Group 1: Trading Plans and Share Ownership - Billy Cyr and his family currently hold 1,322,737 shares, approximately 2.71% of Freshpet's outstanding shares [2]. - After executing the trading plan, Cyr and his family intend to retain at least 350,000 shares of Freshpet stock [2]. - The trading plan will comply with SEC rules and will not allow for share sales until after the fourth quarter financial results are reported in February 2026 [1]. Group 2: CEO's Perspective - Cyr has not sold any shares during his nine-year tenure as CEO and has acquired shares worth over $4 million at current prices [3]. - The decision to exercise options is driven by their impending expiration, not a lack of confidence in the company's future [3]. - Cyr emphasizes his belief in Freshpet as a strong investment that will enhance long-term shareholder value [3]. Group 3: Company Overview - Freshpet focuses on providing fresh, nutritious pet food made from locally sourced ingredients, prepared in small batches [4]. - The company's products are available through various retail channels across the U.S., Canada, and Europe, as well as online [5]. - Freshpet emphasizes integrity, transparency, and social responsibility in its operations [5].

Core Viewpoint - Freshpet's CEO, Billy Cyr, along with family members and trusts, plans to adopt trading plans to exercise options set to expire in 2026, while maintaining a significant ownership stake in the company [1][2][3] Company Actions - The trading plans will involve exercising options granted in 2016, which expire on September 6, 2026, and selling shares to cover exercise costs, taxes, and estate planning needs [1] - The stock trading plan will comply with Rule 10b5-1 of the Securities Exchange Act of 1934, with sales not occurring until after the fourth quarter financial results are reported in February 2026 [1] Ownership Details - Cyr and his family currently hold 1,322,737 shares, approximately 2.71% of Freshpet's outstanding shares, and plan to retain at least 350,000 shares post-exercise [2] - Cyr has not sold any shares during his nine-year tenure as CEO and has invested over $4 million in Freshpet shares at current prices [3] Company Mission and Products - Freshpet aims to enhance pet nutrition with fresh food made from locally sourced ingredients, prepared in small batches to preserve quality [4] - The company's products are available in various retail formats across the U.S., Canada, and Europe, emphasizing integrity and social responsibility in their operations [5]

Core Viewpoint - Freshpet, Inc. is set to report its third-quarter results for the period ending September 30, 2025, on November 3, 2025, before the market opens [1] Group 1: Earnings Announcement - The company will host a conference call with its executive management team to discuss the third-quarter results, scheduled for 8:00 a.m. ET on November 3, 2025 [2] - The call will be accessible via a live broadcast on the company's website and will be archived for later access [3] Group 2: Company Overview - Freshpet's mission focuses on providing fresh food for pets, utilizing locally sourced ingredients and small-batch cooking methods to maintain quality [4] - The company's products are available through various retail channels across the U.S., Canada, and Europe, emphasizing integrity and social responsibility in its operations [5]

Core Points - Freshpet, Inc. has appointed Ivan Garcia as Interim Chief Financial Officer effective October 17, 2025, succeeding Todd Cunfer who is leaving for an opportunity outside the company [2][4] - The company has initiated an external search for a permanent CFO with the help of an executive search firm [2] - Freshpet has reaffirmed its fiscal 2025 guidance, expecting to report third-quarter financial results on November 3, 2025 [4] Company Leadership - Ivan Garcia has been with Freshpet since before its IPO in February 2014, holding various positions including Vice President of Finance since July 2023 and Vice President Corporate Controller from October 2020 to June 2023 [3][4] - The CEO, Billy Cyr, expressed confidence in Garcia's ability to lead during the transition and highlighted his financial acumen and understanding of the business model [4] Financial Outlook - Freshpet's guidance for fiscal 2025 remains unchanged, indicating confidence in its growth strategy and financial performance [4] - The company has emphasized its commitment to maintaining a strong financial position and executing its growth plans [4]

Group 1 - Freshpet, Inc. will participate in the Barclays 18th Annual Global Consumer Staples Conference on September 4, 2025 [1] - The event will feature a fireside chat with members of the executive management team at 1:30 p.m. ET [1] - A live webcast and replay of the event will be available on the company's website [1] Group 2 - Freshpet's mission is to provide fresh food for pets, using locally sourced ingredients [2] - The company prepares its foods in small batches at lower temperatures to maintain the natural goodness of the ingredients [2] - Freshpet foods are kept refrigerated from production until they reach local markets [2] Group 3 - Freshpet products are available in various retail formats including grocery, mass, digital, pet specialty, and club retailers across the U.S., Canada, and Europe [3] - The company emphasizes integrity, transparency, and social responsibility in its operations [3]

Core Insights - Freshpet, Inc. reported a strong financial performance in Q2 2025, with net sales increasing by 12.5% to $264.7 million compared to $235.3 million in the prior year period, driven by volume gains of 10.8% and a favorable price/mix of 1.7% [3][8] - The company is adapting to a challenging economic environment by revising its net sales targets and focusing on operational efficiencies, including reducing capital expenditures and enhancing advertising and distribution efforts [2][15] - Freshpet's gross profit for Q2 2025 was $108.2 million, representing a gross margin of 40.9%, an increase from 39.9% in the prior year period, attributed to lower input costs and reduced quality costs [4][8] Financial Performance - For the first six months of 2025, net sales rose by 15.0% to $527.9 million, with volume gains of 12.8% and a favorable price/mix of 2.2% [7][9] - The company achieved a net income of $16.4 million in Q2 2025, compared to a net loss of $1.7 million in the prior year, driven by higher sales and improved gross profit margins [6][8] - Adjusted EBITDA for Q2 2025 was $44.4 million, up from $35.1 million in the prior year, reflecting increased adjusted gross profit [6][12] Cost Management - Selling, general and administrative expenses (SG&A) decreased to $90.4 million in Q2 2025 from $95.7 million in the prior year, with SG&A as a percentage of net sales dropping to 34.1% from 40.7% [5][8] - Adjusted SG&A for Q2 2025 was $79.6 million, or 30.1% of net sales, compared to $72.9 million, or 31.0% in the prior year [5][36] Outlook - Freshpet updated its guidance for 2025, expecting net sales growth of 13% to 16%, down from the previous guidance of 15% to 18%, while maintaining an adjusted EBITDA target of $190 million to $210 million [15][16] - The company removed its long-term net sales target of $1.8 billion for 2027 but reiterated its adjusted gross margin target of 48% and adjusted EBITDA margin target of 22% for the same year [15][16] Balance Sheet - As of June 30, 2025, Freshpet had cash and cash equivalents of $243.7 million and total debt of $396.2 million [13][26] - Cash from operations for the first six months of 2025 was $38.7 million, a decrease of $9.1 million compared to the prior year, primarily due to higher variable incentive compensation payments [13][34]

Group 1 - Freshpet, Inc. will report its second quarter results for the period ended June 30, 2025, on August 4, 2025, before market open [1] - A conference call with the executive management team is scheduled for August 4, 2025, at 8:00 a.m. ET to discuss the results [2] - The conference call will be available for live broadcast on the company's website and will be archived for later access [3] Group 2 - Freshpet's mission is to provide fresh food for pets, using locally sourced ingredients and cooking in small batches to maintain quality [4] - The company's products are available in various retail formats across the U.S., Canada, and Europe, as well as online in the U.S. [5]