Stephens Upgrades Freshpet (FRPT) to Overweight
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Freshpet, Inc. Reports Second Quarter 2016 Results
August 4, 2016 4:07 PM EDTSecond Quarter Net Sales Increased Approximately 16% to $33.0 Million
Company Reiterates 2016 Guidance
SECAUCUS, N.J., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Freshpet or the Company) (NASDAQ: FRPT) today reported financial results for its second quarter and six months ended June 30, 2016.
Second Quarter 2016 Financial Highlights Compared to Prior Year Period
Net sales were $33.0 million, up 16.4%Net loss was $3.2 millionAdjusted EBITDA was $3.5 million, up 24.2%Freshpet Fridges increased 10.0% to 15,795 from 14,354... More