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Freshpet Achieves 25th Quarter of Sales Growth
Company Announcements

Freshpet Achieves 25th Quarter of Sales Growth

Freshpet ( (FRPT) ) has provided an announcement.

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Freshpet reported robust financial results for Q3 2024, marking its 25th consecutive quarter of over 25% year-over-year net sales growth. The company saw a 26.3% increase in net sales to $253.4 million, alongside a significant rise in net income to $11.9 million, compared to a loss in the prior year. The improved performance was driven by increased sales volume, a stronger gross margin, and reduced logistics costs. Freshpet has raised its 2024 sales and Adjusted EBITDA guidance, signaling confidence in continued strong performance and shareholder value creation.

Learn more about FRPT stock on TipRanks’ Stock Analysis page.

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