Citi Says Freshpet (FRPT) Deserves Valuation, Reiterates Sell

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Go back to Citi Says Freshpet (FRPT) Deserves Valuation, Reiterates Sell

Freshpet, Inc. Reports First Quarter 2021 Financial Results

May 3, 2021 4:05 PM EDT

Accelerating Production Driving Improved Retail ConditionsCapacity Expansion Plan on Track to Support 2021 and Long-term Growth Goals

SECAUCUS, N.J., May 03, 2021 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Freshpet or the Company) (NASDAQ: FRPT) today reported financial results for its first quarter ended March 31, 2021.

First Quarter 2021 Financial Highlights Compared to Prior Year Period

Net sales of $93.4 million, an increase of 33.3%Net loss of $10.9 million, compared with prior year net loss of $3.6 millionAdjusted EBITDA of $7.8 million, compared to $5.7 million,... More