Freshpet

Freshpet, Inc. is engaged in the manufacturing, marketing, and distribution of pet food and pet treats for dogs and cats. The firm foods are blends of fresh meats, vegetables and fruits farmed locally and made at Freshpet kitchens. Its products include Deli Fresh Grain Free Chicken Recipe for Dogs, Joy Turkey and Apple Bites Treats, Nature's Fresh Grain Free Chicken Recipe for Cats, and Vital Grain Free Chicken and Ocean Whitefish Recipe for Cats. The company was founded by Scott Morris and Cathal Walsh in November 2004 and is headquartered in Secaucus, NJ.

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Freshpet exceeds expectations with strong Q4 performance and growth outlook

Freshpet's strong performance in Q4 2022 and strategic initiatives position the company for continued growth.
Challenges like potential headwinds and advertising productivity are being addressed with innovative solutions.
Opportunities in working capital improvement, technological enhancements, and market expansion offer promising prospects.
Overall, Freshpet's focus on quality, innovation, and growth strategies bode well for its future success.

Freshpet reports robust Q1 performance, faces challenges in user acquisition

Freshpet's Q1 2023 performance showcased strong net sales growth and improved customer support, with robust cash reserves and positive guidance for the year.
Challenges include the need to accelerate new user acquisition and address pricing dynamics impacting growth rates.
Opportunities lie in logistics savings, targeting HIPPOs for growth, and expanding fridge placements for increased market penetration.

Freshpet reports robust Q2 growth, eyes 25% volume increase in 2024

Freshpet's Q2 2023 Earnings Call highlighted strong financial performance, strategic achievements, and growth prospects. The company remains optimistic about future revenue growth, despite facing some challenges in production ramp-up and timing of volume acceleration.

Freshpet excels in Q3, eyes growth through innovation and expansion

Freshpet delivered a strong performance in Q3 2023, exceeding expectations with robust net sales growth and adjusted gross margin.
While facing challenges such as pricing strategies and demand-supply balance, the company is strategically positioned for continued growth and market expansion.
With a focus on innovation, capacity expansion, and leveraging media spend, Freshpet aims to drive sustained growth and enhance its competitive position in the market.

Freshpet exceeds Q4 expectations, eyes retail expansion and margin growth

Freshpet's Q4 performance reflects strong growth, improved margins, and strategic retail expansion plans.
The company's strengths lie in its market dominance, diverse product performance, and focus on profitability.
Challenges include managing growth effectively, addressing out-of-stock issues, and ensuring sustained efficiency benefits.
Opportunities exist in expanding fridge placements, enhancing customer education, and driving long-term growth through increased penetration.

Freshpet excels in Q1 2024, eyes e-commerce growth opportunities

Freshpet's Q1 2024 performance reflects strong growth and operational success, with a focus on achieving financial goals, improving efficiency, and driving profitability.
The company's strengths in margin expansion, e-commerce growth, and advertising efficiency present opportunities for future expansion and market penetration.
Challenges in capacity management, balancing growth with profitability, and addressing operational concerns require strategic focus to sustain Freshpet's growth trajectory.

Freshpet reports robust Q2 results, eyes growth in e-commerce

Freshpet's Q2 performance reflects strong sales growth, improved margins, and strategic initiatives to support future expansion.
The company's strengths lie in its commitment to financial discipline, successful marketing, and operational efficiency enhancements.
While facing challenges in channel growth and marketing optimization, Freshpet has opportunities in expanding sales channels and enhancing customer satisfaction.

Freshpet excels in Q3, raises guidance amid growth strategies

Freshpet's Q3 2024 performance reflects robust growth, operational excellence, and strategic foresight under a disciplined growth strategy.
The company's financial results exceeded expectations, with strong net sales growth, improved margins, and increased operating cash flow.
While facing challenges in margin sustainability and expansion, Freshpet remains well-positioned to capitalize on opportunities in market expansion, direct-to-consumer trends, and strategic growth initiatives.

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Freshpet, Inc. engages in the manufacturing, marketing, and distribution of pet food and pet treats for dogs and cats. Its products are blends of fresh meats, vegetables and fruits farmed locally and made at Freshpet kitchens. Its products include Deli Fresh Grain Free Chicken Recipe for Dogs, Joy Turkey and Apple Bites Treats, Nature's Fresh Grain Free Chicken Recipe for Cats, and Vital Grain Free Chicken and Ocean Whitefish Recipe for Cats. The company was founded by Scott Morris and Cathal Walsh in November 2004 and is headquartered in Bedminster, NJ.

Raises 2023 Adjusted EBITDA and net sales guidance Volume and household penetration growth are strong and accelerating Strong execution on input costs, logistics and quality continue to drive margin improvement

Freshpet, Inc. Reports Third Quarter 2023 Financial Results

CHICAGO--(BUSINESS WIRE)-- #advertising--Freshpet, the leading fresh pet food brand in America, has appointed Empower Media, America's Biggest woman-owned media agency to its roster.

Freshpet Appoints Empower Media to Its Agency Roster

SECAUCUS, N.J., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT) today announced that members of the executive management team will participate in the Stephens Annual Investment Conference in Nashville, TN.

Freshpet, Inc. to Participate in the Stephens Annual Investment Conference

Freshpet's (FRPT) third-quarter 2023 results are likely to reflect gains from the sturdy product offerings, innovation, pricing and distribution initiatives.

Here's How Freshpet (FRPT) Looks Just Ahead of Q3 Earnings

SECAUCUS, N.J., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the third quarter ended September 30, 2023 on Monday, November 6, 2023 before market open.

Freshpet, Inc. to Report Third Quarter 2023 Results on Monday, November 6, 2023

Sometimes when you need to resolve a concern or issue, you would do almost anything to not have to talk to a human. On other occasions, you're more than eager to skip automated prompts and connect directly with a human to find a solution.

Freshpet CEO Wants Scout to Be Pet Parents' AI Copilot

NEW YORK--(BUSINESS WIRE)--Emplifi, a leading customer engagement platform, today announced the Emplifi Service Cloud has made a significant impact on pet food supplier Freshpet's customer care initiatives, improving outcomes and driving a more streamlined CX strategy. After implementing Emplifi Service Cloud, Freshpet's consumer care team was able to reduce customer call volumes by nearly 40%, decrease wait times to speak with a live agent by 29%, and deliver a 97% match-rate for inquiries ans.

Emplifi Helps Freshpet Streamline Customer Engagement Strategies, Reducing Call Volumes By Nearly 40%

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SECAUCUS, N.J., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT) today announced that members of the executive management team will participate in the Piper Sandler Growth Frontiers Conference in Nashville, TN.

Freshpet, Inc. to Participate in the Piper Sandler Growth Frontiers Conference

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Freshpet Inc.'s stock FRPT, +0.15% rose 1.5% premarket Monday, after the maker of fresh food for dogs and cats said it's reached an agreement with Jana Partners, one of its largest shareholders. Under the terms of the deal, the company will add two directors to its board at its 2024 annual meeting.

Freshpet in deal with shareholder Jana Partners, will add two directors to its board

Timothy McLevish, former Kraft Foods CFO, and Joseph E. Scalzo, former Simply Good Foods CEO, join Freshpet Board of Directors

Freshpet and JANA Partners Announce Cooperation Agreement

Freshpet missed top-line estimates but posted a strong improvement on the bottom line. The stock is expensive but it still has a long runway for growth.

Why Freshpet Stock Popped Today

Freshpet, Inc. (NASDAQ:FRPT ) Q2 2023 Earnings Conference Call August 7, 2023 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Billy Cyr - Chief Executive Officer Todd Cunfer - Chief Financial Officer Scott Morris - Chief Operating Officer Conference Call Participants Mark Astrachan - Stifel Peter Benedict - Baird Michael Lavery - Piper Sandler Bryan Spillane - Bank of America Bill Chappell - Truist Securities Cody Ross - UBS Rupesh Parikh - Oppenheimer Jim Salera - Stephens Jon Andersen - William Blair Connor Rattigan - Consumer Edge Research Robert Moskow - TD Cowen Operator Greetings and welcome to the Freshpet, Inc. Second Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Freshpet, Inc. (FRPT) Q2 2023 Earnings Call Transcript

Freshpet (FRPT) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to loss of $0.45 per share a year ago.

Freshpet (FRPT) Reports Q2 Loss, Misses Revenue Estimates

Raises Adjusted EBITDA guidance; re-affirms net sales guidance Volume growth is strong and accelerating Strong operating performance on input costs, logistics and quality

Freshpet, Inc. Reports Second Quarter 2023 Financial Results

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SECAUCUS, N.J., July 24, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the second quarter ended June 30, 2023 on Monday, August 7, 2023 before market open.

Freshpet, Inc. to Report Second Quarter 2023 Results on Monday, August 7, 2023

West brings nearly 30 years of experience leading high-growth pet and CPG companies and brands Walt George assumes role of Board Chair, effective immediately, as Charles Norris retires from Board SECAUCUS, N.J., July 21, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced that David J.

Freshpet Appoints Dave West to its Board of Directors

Appointment of Christopher Kraus as Chief Information Officer, Nishu Patel as VP, Corporate Controller and Wyatt Hassel to VP of Manufacturing Appointment of Christopher Kraus as Chief Information Officer, Nishu Patel as VP, Corporate Controller and Wyatt Hassel to VP of Manufacturing

Freshpet Further Advances its Operational Improvement Plan with New Hires, Bringing Additional Capabilities to Support Growth and Margin Expansion

NEW YORK--(BUSINESS WIRE)--JANA Partners (“JANA”), which along with its affiliates and partners, owns 9.5% of Freshpet, Inc. (NASDAQ:FRPT) (“Freshpet” or the “Company”) today issued the following statement responding to the resignation of Freshpet director David Basto and the Company's purported effort to engage with JANA. Barry Rosenstein, Managing Partner at JANA, commented, “We believe the Freshpet Board's latest bid to patch its fundamental governance issues with the smallest, halfhearted a.

Jana Partners Responds to Freshpet's Half-measure Attempt to Resolve Rampant Conflicts of Interest, Governance Failures and Breaches of Fiduciary Duty

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Offers to interview JANA's independent director candidates in light of recent director departure Highlights extensive engagement with JANA and previous Board actions to promote the best interest of shareholders SECAUCUS, N.J., June 02, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) announced today that it has filed its preliminary proxy statement with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Annual Meeting of Stockholders.

Freshpet Files Preliminary Proxy Statement

NEW YORK--(BUSINESS WIRE)--JANA Partners (“JANA”), which along with its affiliates and partners owns 9.5% of Freshpet, Inc. (NASDAQ:FRPT) (“Freshpet” or the “Company”), today filed a complaint in the Court of Chancery of the State of Delaware (the “Court”) against Freshpet and the Company's Board of Directors (the “Board”). The complaint seeks a declaratory judgment and a determination that the Board's recent actions to entrench itself, and refusal to reverse them, constitute breaches of fiduci.

JANA Partners Files Lawsuit to Stop Freshpet Board's Highly Entrenching Actions Intended to Disenfranchise Shareholders and Manipulate Shareholder Vote

Freshpet Inc. FRPT, +0.91% shares dropped 1% in the extended session Tuesday after the pet-food company fired the latest volley in its battle with activist investor Jana Partners. Freshpet said Jana made “several erroneous and unfounded claims” about the board and omitted information “critical to understanding the intent and effect of the board's actions.

News for Freshpet Stock (FRPT)