Freshpet (FRPT) Reports In-Line Q1 EPS; Reiterates Outlook

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Freshpet, Inc. Reports First Quarter 2016 Results

May 4, 2016 4:06 PM EDT

First Quarter Net Sales Increased Approximately 16%

Company Reiterates 2016 Guidance

SECAUCUS, N.J., May 04, 2016 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Freshpet or the Company) (NASDAQ: FRPT) today reported financial results for its first quarter ended March 31, 2016.

First Quarter 2016 Financial Highlights Compared to Prior Year Period

Net sales were $31.5 million, up 16.3%Adjusted EBITDA was $2.5 million, up 23.7%Freshpet Fridges increased 10.1% to 15,429 from 14,019

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