Freshpet, Inc. ( NASDAQ:FRPT ) reported its Q1 2024 financial results, which were a significant increase from the prior year period. The company's net sales increased 33.6% to $223.8 million, a 33.6% increase from the previous year. Gross margin was 39.4%, compared to 30.3%, and adjusted gross margin was 45.3%. Net income was $18.6 million, compared to the prior...
Freshpet, Inc. (NASDAQ: NASDAQ:FRPT ) has emerged as a trailblazer in the pet food industry, showcasing remarkable growth and profitability in its fourth quarter and full-year 2023 financial results. Led by Chief Executive Officer Billy Cyr, Freshpet's strategic initiatives have not only bolstered its bottom line but also positioned the company for sustained...
It broke out 50day MA and downtrend, it is a nice set up to be long.