secwatch.observer — SEC 8-K summary
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Issuer:     Freshpet, Inc. (FRPT)
CIK:        0001611647
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001437749-23-004621
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freshpet Q4 net sales +43% to $165.8M; guides FY23 sales ~$750M, adj. EBITDA ≥$50M
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- Q4 net sales $165.8M (+43.1% YoY); net loss narrowed to $2.9M from $9.3M.
- Full year net sales $595.3M (+39.9%); net loss $59.5M vs $29.7M prior year.
- Adjusted EBITDA Q4 $18.8M (11.3% of sales) vs $7.6M; full year $20.1M (3.4%) vs $35.0M.
- FY2023 guidance: net sales ~$750M (+26%), adjusted EBITDA at least $50M, capex ~$240M.
- Cash $132.7M, no debt; Ennis kitchen start-up on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611647/000143774923004621/0001437749-23-004621-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611647/000143774923004621/frpt20221121_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004621

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