Freshpet Inc
F:7FP

Watchlist Manager
Freshpet Inc Logo
Freshpet Inc
F:7FP
Watchlist
Price: 41.5 EUR -4.95% Market Closed
Market Cap: €2B

Freshpet Inc
Investor Relations

Freshpet makes and sells refrigerated fresh pet food for dogs and cats. Its products are branded meals, treats, and complements that sit in special chilled cases in grocery stores, mass merchants, and pet specialty shops. The company is aimed at pet owners who want a fresher alternative to traditional dry and canned pet food. Freshpet makes money by selling its products through retail partners and other distribution channels. The main customer is the end consumer, but the company also depends on retailers that give its food shelf space and maintain the cold cases needed to keep it fresh. That makes its business different from most pet food companies, which usually sell shelf-stable products that can move through normal dry-goods logistics. Its role in the industry is to bring a refrigerated, perishable food model into pet care. Freshpet has to manage manufacturing, cold storage, and refrigerated transport more carefully than a typical packaged-food brand. In return, it sells a product category that sits between mass-market pet food and premium fresh meal alternatives.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 6, 2026
AI Summary
Q1 2026

Sales beat: Freshpet said first-quarter net sales were $297.6 million, up 13.1% year over year and ahead of its guidance range.

Outlook raised: Management raised 2026 sales growth guidance to 8% to 11% from 7% to 10%, while keeping adjusted EBITDA guidance at $205 million to $215 million.

Demand strong: The company said household penetration, buy rate, digital orders, and omnichannel performance all improved, with no sign of trade-down among its core users.

Costs mixed: Gross margin improved in Q1, but logistics costs, media timing, variable compensation, and higher fuel costs pressured EBITDA margin.

New tech: Freshpet is expanding its new bag technology and said about 35% of bag capacity should use some version of it by year-end, with most financial benefit expected in 2027.

2027 goals intact: Management reiterated confidence in reaching at least 48% gross margin and a 20% to 22% EBITDA margin in 2027.

Key Financials
Net sales
$297.6 million
Adjusted gross margin
46.9%
Adjusted EBITDA
$37.9 million
Adjusted EBITDA margin
12.7%
Household penetration
16.1 million households
Total buy rate
about $114
MVP households
2.5 million households
Market share
4.2%
Digital orders
43% growth
Digital sales mix
16.1% of total business
Stores
30,435 stores
Multi-fridge store share
25%
Fridge network
more than 39,000 fridges
Operating cash flow
$40.3 million
Capital spending
$27.6 million
Cash on hand
$381.4 million
Free cash flow
$12.7 million
Media spending
15.8% of net sales
Logistics costs
6.3% of net sales
2027 adjusted gross margin target
at least 48%
2027 adjusted EBITDA margin target
20% to 22%
Earnings Call Recording
Other Earnings Calls

Management

Mr. William B. Cyr
CEO & Executive Director
No Bio Available
Mr. Scott James Morris
Co-Founder & President
No Bio Available
Mr. Cathal Walsh
Co-Founder, Senior VP & MD of Europe
No Bio Available
Ms. Thembeka Machaba
Chief Human Resources Officer
No Bio Available
Mr. Nicola J Baty
Chief Operating Officer
No Bio Available
Ms. Nishu Patel
Chief Accounting Officer
No Bio Available
Mr. Jay Dahlgren
Executive VP of Manufacturing, Technology & Supply Chain
No Bio Available
Mr. Christopher Kraus
Chief Information Officer
No Bio Available
Ms. Rachel Perkins-Ulsh
Vice President of Investor Relations
No Bio Available
Mr. Thomas Farina
Senior Vice President of Sales
No Bio Available

Contacts

Address
NEW JERSEY
Secaucus
400 Plaza Dr Fl 1
Contacts
+12015204000.0
freshpet.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett