Freshpet Q2 net sales up 15.5% to $305.6M; raises 2026 outlook, targets >49% adj. gross margin

Freshpet, Inc.

Net sales $305.6M (+15.5% YoY); volume growth 15.7%, price/mix -0.2%.
Adjusted EBITDA $52.2M vs $44.4M YoY; net income $19.5M vs $16.4M.
Adjusted Gross Margin improved to 48.6% from 46.9%; new long-term target >49%.
Raises 2026 net sales and Adjusted EBITDA guidance (specifics not disclosed in excerpt).
CEO cites manufacturing scale and omnichannel presence as competitive advantages.

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