Freshpet Q1 net sales +17.6% to $263.2M, net loss $12.7M vs prior year profit; adjusts 2025 outlook

Freshpet, Inc.

2025-Q1 EPS reported -$0.26 revenue$263,249,000

Net sales $263.2M, up 17.6% YoY, driven by volume gains of 14.9% and price/mix of 2.7%.
Net loss of $12.7M vs prior year net income of $18.6M; Adjusted EBITDA rose to $35.5M from $30.6M.
Gross margin flat at 39.4%; Adjusted gross margin improved to 45.7% from 45.3%.
CEO cites macro headwinds and adjusts 2025 outlook; includes charges from distributor liquidation, Phillips litigation accrual, and international strategy change.

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