Freshpet (FRPT) Tops Q4 EPS by 1c; Guides In-Line
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Freshpet, Inc. Reports Fourth Quarter and Fiscal 2014 Financial Results
March 31, 2015 4:05 PM EDTSECAUCUS, N.J., March 31, 2015 (GLOBE NEWSWIRE) -- Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today reported financial results for its fourth quarter and fiscal year ended December 31, 2014.
Fourth Quarter Fiscal 2014 Highlights
Net sales were $24.5 million, up 38.3% year-over-year Gross margin increased 1,270 basis points to 48.9% Adjusted EBITDA increased $1.7 million to $4.0 million Freshpet fridges increased 23.5% to 13,386 from 10,836Fiscal 2014 Highlights
Net sales were $86.8 million, up 37.4% year-over-year Gross margin increased 560 basis points to 48.7% Adjusted EBITDA increased $5.7 million to $5.5... More