earnings
confidence high
sentiment positive
materiality 0.85
Freshpet Q3 2024 net sales up 26% to $253.4M, net income $11.9M, raises FY guidance
Freshpet, Inc.
2024-Q3 EPS reported
$0.57
revenue$712,469,000
- Net sales $253.4M (+26.3% YoY); net income $11.9M vs prior year net loss $7.2M.
- Gross margin 40.4% (33.0% prior year); adjusted gross margin 46.5% (40.2% prior year).
- Adjusted EBITDA $43.5M vs $23.2M YoY; first 9M operating cash flow $103.9M vs $39.0M.
- Company raises 2024 net sales and Adjusted EBITDA guidance; 25th consecutive quarter of >25% net sales growth.