Freshpet (FRPT) Tops Q3 EPS by 3c, Updates FY Guidance

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Go back to Freshpet (FRPT) Tops Q3 EPS by 3c, Updates FY Guidance

Freshpet, Inc. Reports Third Quarter 2016 Results

November 1, 2016 4:06 PM EDT

SECAUCUS, N.J., Nov. 01, 2016 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Freshpet or the Company) (NASDAQ: FRPT) today reported financial results for its third quarter and nine months ended September 30, 2016.

Third Quarter 2016 Financial Highlights Compared to Prior Year Period

Net sales were $34.5 million, up 13%Net Income was $0.6 millionAdjusted EBITDA was $5.3 million, up 135%Freshpet Fridges increased 11% to 16,261 from 14,670

In the third quarter, we generated solid net sales and profit growth largely driven by increased velocity per fridge, increased store... More