secwatch.observer — SEC 8-K summary
======================================

Issuer:     Freshpet, Inc. (FRPT)
CIK:        0001611647
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001437749-21-025689
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freshpet cuts FY 2021 adjusted EBITDA guidance to ~$50M from >$61M; Q3 net loss $2.1M
--------------------------------------------------------------------------------

- Net sales $107.6M (+27.8% YoY), net loss $2.1M vs prior year net income $3.5M.
- Adjusted EBITDA Q3 $14.6M (13.6% of sales) vs $17.0M (20.2%) prior year.
- Full-year 2021 guidance: net sales ~$445M (flat from >$445M); adjusted EBITDA ~$50M (cut from >$61M).
- Supply chain challenges, labor/material shortages, and accelerating inflation cited as headwinds.
- Cash and cash equivalents $170.8M, no debt outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611647/000143774921025689/0001437749-21-025689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611647/000143774921025689/frpt20210915_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-025689

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer