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Stock impact report

Freshpet, Inc. Reports Fourth Quarter and Full Year 2017 Financial Results

Freshpet, Inc. (FRPT) 
Last freshpet, inc. earnings: 2/25 06:05 am Check Earnings Report
Company Research Source: GlobeNewswire
SECAUCUS, N.J. , March 05, 2018 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT) today reported financial results for its fourth quarter and full year ended December 31, 2017. Fourth Quarter 2017 Financial Highlights Compared to Prior Year Period Net Sales of $40.7 million, up 19.5%Net income of $1.5 million compared to a net income of $1.2 million Adjusted EBITDA of $6.9 million compared to $6.4 million Freshpet Fridges increased 8.4% to 18,004 from 16,609 2017 Financial Highlights Compared to Prior Year Net Sales of $156.4 million, up 17.5%Net loss of $4.2 million compared to a net loss of $3.2 million Adjusted EBITDA of $17.6 million compared to $17.7 million “We are pleased with our finish to 2017.  Our fourth quarter results demonstrate continued strong volume growth as a result of our Feed the Growth strategy.  We believe this financial performance validates the ‘stickiness’ of the Freshpet brand and our confidence in our growth prospects,” Show less Read more
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