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BEDMINSTER, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today announced that members of the executive management team will participate in the following upcoming investor conferences:
Freshpet (FRPT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The company delivered impressive first-quarter results yesterday morning, but they were overshadowed by the market's sell-off. The stock also got a boost from a bullish analyst note.
Freshpet, Inc. FRPT reported better-than-expected second-quarter earnings results on Monday.
The broad market is in correction mode as recession fears sweep through it, but Freshpet NASDAQ: FRPT is already rebounding because of its performance and improved operational quality. The broad market environment may impact the price action in FRPT in the near term.
Freshpet, Inc. (NASDAQ:FRPT ) Q2 2024 Earnings Conference Call August 5, 2024 8:00 AM ET Company Participants Rachel Ulsh - Vice President Investor Relations Billy Cyr - Chief Executive Officer Todd Cunfer - Chief Financial Officer Scott Morris - Chief Operating Officer Conference Call Participants Ken Goldman - JP Morgan Bill Chappell - Truist Securities Robert Moskow - TD Cowen Brian Holland - D.A. Davidson Mark Astrachan - Stifel Peter Benedict - Baird Rupesh Parikh - Oppenheimer Bryan Spillane - Bank of America Michael Lavery - Piper Sandler Jon Anderson - William Blair Tom Palmer - Citi Marc Torrente - Wells Fargo Operator Greetings.
Freshpet (FRPT) narrowed its second-quarter loss and raised its guidance as more pet owners are buying its specialty dog and cat food.
Freshpet (FRPT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.35 per share a year ago.
Shares of Freshpet Inc. climbed in early Monday trading, after the provider of “real food” for pets reported second-quarter sales that rose above expectations and raised its full-year outlook.
Significant Profitability and Operating Cash Flow Improvement Second Quarter 2024 Net Sales Driven Entirely by Volume Growth Company Raises 2024 Net Sales and Adjusted EBITDA Guidance