{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-014706","form_type":"8-K","ticker":"FRPT","cik":"0001611647","company_name":"Freshpet, Inc.","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.251494+00:00","generated_at":"2026-06-02T22:06:33.447173+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Freshpet Q1 net sales +33.6% to $223.8M; net income $18.6M vs loss; raises Adj. EBITDA guidance","bullets":["Net sales $223.8M (+33.6% YoY) driven by 30.6% volume growth; gross margin 39.4% vs 30.3%.","Net income $18.6M vs prior-year loss of $24.8M; Adj. EBITDA $30.6M vs $3.0M.","2024 Adj. EBITDA guidance raised to at least $120M from $100-110M; sales outlook unchanged at $950M+.","Adj. Gross Margin 45.3% vs 38.5% on lower input costs, quality and logistics improvements.","SG&A as % of sales improved 750 bps to 35.6%; cash from operations $5.4M, up $19.1M YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-014706","json":"https://secwatch.observer/filing/0001437749-24-014706.json","markdown":"https://secwatch.observer/filing/0001437749-24-014706.md","text":"https://secwatch.observer/filing/0001437749-24-014706.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1611647/000143774924014706/0001437749-24-014706-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1611647/000143774924014706/frpt20240229_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:06:33.447173+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f24c516edb5860b84d77bdb58759aab11cf0ff2f","claim":"Freshpet, Inc. reported the quarter ended March 31, 2024 results: revenue $223.8 million, net income $18.6 million. Guidance raised.","evidence_excerpt":"(Nasdaq: FRPT) today reported financial results for its first quarter ended March 31, 2024 . First Quarter 2024 Financial Highlights Compared to Prior Year Period ● Net sales of $223.8 million, an increase of 33.6%. ● Gross margin of 39.4%, compared to the prior year period of 30.3%. ● Adjusted Gross Margin of 45.3%, compared to the prior year period of 38.5%. ● Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1611647/000143774924014706/0001437749-24-014706-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$223.8 million"},{"label":"Net income","value":"$18.6 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}