Freshpet (FRPT) Misses Q3 EPS by 20c, Revenue Beats

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Go back to Freshpet (FRPT) Misses Q3 EPS by 20c, Revenue Beats

Freshpet, Inc. Reports Third Quarter 2022 Financial Results

November 1, 2022 4:05 PM EDT

Continued Strong Topline GrowthFreshpet Advances Operational Improvement Plan to Drive Margin ExpansionReduces 2022/2023 Capital Spending Guidance by $100 millionReiterates Full Year Underlying Guidance and Updates Go-Forward Adjusted EBITDA Guidance Methodology

SECAUCUS, N.J., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Freshpet or the Company) (Nasdaq: FRPT) today reported financial results for its third quarter ended September 30, 2022.

Third Quarter 2022 Financial Highlights Compared to Prior Year Period

Net sales of $151.3 million, an increase of 40.7% Net loss of $18.4 million, compared with prior year net... More