Shares of pet food company Freshpet (NASDAQ: FRPT) soared on Monday after the company reported financial results for the third quarter of 2024. The report was strong, and management raised guidance.

On one hand, a focus on fresh pet food severely limits its addressable market. Less than 20% of the US dog food market is wet food, much of which is shelf-stable options that don’t require ...

Freshpet has increased its outlook for sales and profits again as growth continued to exceed the Nasdaq-listed company’s long-term targets. “We are raising our net sales and adjusted EBITDA ...

The seller of refrigerated fresh pet food posted revenue of $253.4 million in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $247.6 million. Freshpet ...

Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%. The seller of refrigerated fresh pet food's stock has dropped by 1.55% in the past month, exceeding the Consumer Staples ...

A quarter ago, it was expected that this seller of refrigerated fresh pet food would post a loss of $0.09 per share when it actually produced a loss of $0.03, delivering a surprise of 66.67%.

Freshpet Inc., a pet food maker with about 600 employees in Northampton County, has reached an amicable resolution with an activist investor that had challenged the company's leadership.