Welcome to our dedicated page for Freshpet news (Ticker: FRPT), a resource for investors and traders seeking the latest updates and insights on Freshpet stock.
Freshpet, Inc. (FRPT) delivers fresh, refrigerated pet food through innovative retail distribution. This news hub provides investors and pet industry professionals with essential updates about this pioneer in natural pet nutrition.
Track all official Freshpet communications and third-party analysis in one location. Find timely updates on quarterly earnings, product expansions, and retail partnership developments, plus coverage of operational milestones in the refrigerated pet food sector.
Our curated news collection helps stakeholders monitor Freshpet's growth in premium pet nutrition. Discover updates about in-store refrigerator deployments, ingredient quality initiatives, and sustainability efforts shaping the future of pet care.
Bookmark this page for streamlined access to FRPT's evolving story. Check back regularly for verified updates about this innovative company's journey in redefining pet food standards through fresh, natural solutions.
Freshpet, Inc. (Nasdaq: FRPT) reported robust financial results for Q4 and FY 2022. Q4 net sales reached $165.8 million, marking a 43.1% increase, with a reduced net loss of $2.9 million compared to $9.3 million in the prior year. The company achieved FY 2022 net sales of $595.3 million, up 39.9%, although the net loss widened to $59.5 million from $29.7 million. Adjusted EBITDA for Q4 was $18.8 million and $20.1 million for FY 2022. Looking ahead, Freshpet targets net sales of approximately $750 million in 2023, indicating a 26% growth. The outlook includes adjusted EBITDA of at least $50 million.
Freshpet, Inc. (NASDAQ: FRPT) announced it will report its fourth quarter and fiscal year results for 2022 on February 27, 2023, before market open. A conference call with the executive management team will follow at 8:00 a.m. ET to discuss the results in detail. Investors can participate via phone or listen online through the company's website. Freshpet focuses on providing fresh, real food for pets, emphasizing the quality and sourcing of its ingredients. Their products are available across various retail channels in North America and Europe.
Freshpet, Inc. (NASDAQ: FRPT) announced participation in the 2023 Consumer Analyst Group of New York (CAGNY) Conference in Boca Raton, FL on February 22, 2023, at 9:00 a.m. ET. The event will provide insights into Freshpet's mission to enhance the lives of pets through fresh, real food. Their products, which include blends of fresh meats, vegetables, and fruits, are prepared in small batches and kept refrigerated. Interested parties can access the presentation through the ‘Investors’ section on Freshpet’s website. Freshpet is committed to integrity, transparency, and social responsibility in the pet food market.
Freshpet (NASDAQ: FRPT) announced the appointment of Jay Dahlgren as Executive Vice President of Manufacturing, Technology, and Supply Chain, effective January 1, 2023. This strategic move aims to enhance operational efficiency and support long-term growth.
Freshpet is on track with its operational improvement plan, achieving fill rates above 90% and reducing logistics costs. The new facility in Ennis, Texas, now produces over 90% of its product line, positioning Freshpet for profitability in 2023 and beyond.
Freshpet announced that its executive management team will participate in the 25th Annual ICR Conference in Orlando, FL. The presentation is scheduled for January 9, 2023, at 11:00 a.m. ET. Interested parties can access the conference via the 'Investors' section of Freshpet's website.
Freshpet focuses on improving the lives of pets by providing fresh, real food made from locally sourced ingredients. The company emphasizes integrity and transparency in its operations. Freshpet's products are available in various retailers across the U.S., Canada, and Europe.
Freshpet, Inc. (NASDAQ:FRPT) announced participation in the Stephens Investment Conference in Nashville, TN on November 16, 2022, at 9:00 a.m. ET. The event will be accessible via the 'Investors' section of their website. Freshpet focuses on providing fresh, real food for pets, sourcing local ingredients and preparing them in small batches to maintain quality. Their products are available across the U.S., Canada, and Europe through various retail channels. For more details, visit www.freshpet.com.
Freshpet reported third quarter 2022 net sales of $151.3 million, up 40.7% year-over-year. However, the company faced a net loss of $18.4 million, significantly higher than the previous year's loss of $2.1 million. Adjusted EBITDA dropped to $3.5 million, down from $13.5 million, primarily due to rising startup expenses and inflating ingredient and labor costs. Freshpet has adjusted its capital spending guidance for 2022 and 2023, reducing it by $100 million and reiterating its full year revenue guidance of over $575 million.
Freshpet, Inc. (NASDAQ: FRPT) announced the appointment of Todd Cunfer as Chief Financial Officer, effective December 1, 2022, following Dick Kassar’s interim role. Cunfer brings over 25 years of experience in finance, previously serving as CFO for The Simply Good Foods Company. Dirk Martin has also been named Vice President of Customer Service & Logistics, effective December 7, 2022. These appointments aim to enhance Freshpet's operational improvement plan initiated in August 2022, focusing on logistics and cost efficiencies, ultimately enhancing profitability.
Freshpet, Inc. (NASDAQ: FRPT) announced it will report its third-quarter results on November 1, 2022, after market close. The company will hold a conference call at 4:30 p.m. ET to discuss these results. Interested parties can join via phone or listen to the live broadcast on Freshpet's website. Freshpet focuses on providing fresh, real food for pets, utilizing natural ingredients and local sourcing. Their products are available in various retail formats across the U.S., Canada, and Europe.
Freshpet, Inc. (NASDAQ:FRPT) announced participation in the Jefferies Virtual Pet Care & Wellness Conference, scheduled for September 22, 2022, at 8:00 a.m. ET. The event can be accessed through the Company’s website.
Freshpet focuses on providing fresh, real food for pets, using locally sourced ingredients. Their products are carefully prepared in small batches, maintaining quality from production to market. Freshpet foods are available in various retail channels across the U.S., Canada, and Europe, emphasizing integrity and social responsibility.