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 ...
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 ...
Pet food company Freshpet (NASDAQ:FRPT) reported Q3 CY2024 results exceeding the market’s revenue expectations , with sales up 26.3% year on year to $253.4 million. The company expects the full ...
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 ...
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 ...
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%.
In Q3, Freshpet grew net sales by 26% year over year to $253 million. And management shared an extraordinary statistic: Q3 marked the 25th consecutive quarter of at least 25% top-line growth.
SECAUCUS, N.J., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today announced that members of the executive management team will participate in the ...