Freshpet (FRPT) Announces $300M Offering of Common Stock

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Freshpet (FRPT) Prices 2.1M Share Common Offering at $143/Sh

February 24, 2021 5:47 AM EST

Freshpet, Inc. (NASDAQ: FRPT) today announced the pricing of its follow-on offering of 2,100,000 shares of the Companys common stock in an underwritten public offering at a price to the public of $143.00 per share. Freshpet has also granted the underwriters a 30-day option to... More

Freshpet (FRPT) Misses Q4 EPS by 17c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus

February 22, 2021 4:51 PM EST

Freshpet (NASDAQ: FRPT) reported Q4 EPS of ($0.08), $0.17 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $84.5 million versus the consensus estimate of $85.53 million.

Fourth Quarter 2020 Financial Highlights Compared to Prior Year Period

Net sales of $84.5 million, an increase of 28.5%Net loss of $3.3 million, compared with prior year net income of $4.6 millionAdjusted EBITDA of $12.9 million, compared to $13.2 million1

Thanks to the efforts of our dedicated team members, Freshpet has continued to weather the COVID-19 storm and produced our fourth consecutive year of accelerating... More