secwatch.observer — SEC 8-K summary
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Issuer:     Freshpet, Inc. (FRPT)
CIK:        0001611647
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001437749-22-010445
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freshpet Q1 net sales up 41.5% to $132.2M; adjusted EBITDA $5.1M; reiterates FY guidance
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- Net sales $132.2M (+41.5% YoY) driven by velocity, pricing, distribution gains.
- Net loss widened to $17.5M from $10.9M; adjusted EBITDA $5.1M vs $7.8M.
- Gross margin 33.9% (GAAP) and 41.9% adjusted, down on wage costs and inflation.
- Announces enhanced capacity plan targeting ~$2.9B potential net sales capacity.
- Reaffirms FY2022 guidance: net sales >$575M, adjusted EBITDA >$55M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611647/000143774922010445/0001437749-22-010445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611647/000143774922010445/frpt20220404_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-010445

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