secwatch.observer — SEC 8-K summary
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Issuer:     Freshpet, Inc. (FRPT)
CIK:        0001611647
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001611647-25-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611647/000161164725000011/0001611647-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611647/000161164725000011/frpt-20250505.htm
  HTML page:      https://secwatch.observer/filing/0001611647-25-000011

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