Previous close | 0.6500 |
Open | 0.6500 |
Bid | 0.0000 |
Ask | 0.8000 |
Strike | 45.00 |
Expiry date | 2024-09-20 |
Day's range | 0.6500 - 0.6500 |
Contract range | N/A |
Volume | |
Open interest | 5 |
Robust Sales Growth and Margin Expansion Highlight Freshpet's First Quarter Achievements
Pet food company Freshpet (NASDAQ:FRPT) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue up 33.6% year on year to $223.8 million. On the other hand, the company's full-year revenue guidance of $950 million at the midpoint came in slightly below analysts' estimates. It made a GAAP profit of $0.37 per share, improving from its loss of $0.52 per share in the same quarter last year.
Company Updates 2024 Outlook; Raises Adjusted EBITDA GuidanceNet Sales Driven by Volume-Based Growth Profitability Improvement Driven by Lower Input, Quality and Logistics Costs SECAUCUS, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Compared to Prior Year Period Net sales of $223.8 million, an increase of 33.6%.Gross margin of