earnings
confidence high
sentiment positive
materiality 0.80
Freshpet reports Q4 net sales up 22% to $262.7M; first full-year positive net income of $46.9M
Freshpet, Inc.
2024-FY EPS reported
$0.93
revenue$975,177,000
- Q4 net sales $262.7M (+22% YoY); FY net sales $975.2M (+27.2% YoY).
- Q4 net income $18.1M (vs $15.3M); FY net income $46.9M (vs net loss of $33.6M).
- Q4 adjusted EBITDA $52.6M (vs $31.3M); FY adjusted EBITDA $161.8M (vs $66.6M).
- Q4 adjusted gross margin 48.1% (vs 41.1% YoY); FY adjusted gross margin 46.5% (vs 40.0%).
- Provides FY 2025 outlook; raises long-term profit margin targets, expects free cash flow positive in 2026.