Freshpet (FRPT) Misses Q1 EPS by 4c; Maintains FY View

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Freshpet, Inc. Reports First Quarter 2020 Financial Results

May 4, 2020 4:05 PM EDT

SECAUCUS, N.J., May 04, 2020 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Freshpet or the Company) (NASDAQ: FRPT) today reported financial results for its first quarter ended March 31, 2020.

First Quarter 2020 Financial Highlights Compared to Prior Year Period

Net sales of $70.1 million, an increase of 27.9%Net loss of $3.6 million, compared with prior year net loss of $3.4 millionAdjusted EBITDA of $5.7 million, compared to $2.8 million, an increase of 106.1%1

Amidst the challenges created by the COVID-19 health crisis and our capacity limitations, Freshpets Feed the... More