Nov 4, 2:13 PM ET
Freshpet reported third-quarter 2026 net sales of $317.8 million, up 10.0% from the prior year, and raised its full-year 2026 net sales growth guidance to 12% to 13%. Net income fell to $29.7 million from $101.7 million, a comparison that includes a $77.9 million prior-year tax benefit, and diluted earnings per share were $0.58 versus $1.86.
- Q3 net sales of $317.8 million, up 10.0%; Adjusted EBITDA of $64.5 million, or 20.3% of net sales
- Q3 net income of $29.7 million versus $101.7 million a year earlier, which included a $77.9 million tax benefit
- 2026 guidance: net sales growth of 12% to 13% (previously 10% to 12%); Adjusted EBITDA of $215 million to $220 million (previously $210 million to $220 million)
Read the filing on SEC.gov ↗
Oct 23, 4:14 PM ET
Freshpet's board committee approved an enhanced compensation package for Nicola Baty, who became President effective October 21, 2026, while continuing as Chief Operating Officer. The package includes a $675,000 base salary, a long-term incentive target of at least 250% of base salary, and restricted stock units covering 58,245 shares that vest in full on June 30, 2029.
- Base salary of $675,000 and annual cash bonus target of at least 80% of base salary
- Long-term equity incentive target of at least 250% of base salary
- RSUs for 58,245 shares under the 2024 Equity Incentive Plan, vesting in full on June 30, 2029, subject to continued employment
Read the filing on SEC.gov ↗
Aug 5, 6:33 AM ET
Freshpet reported second-quarter 2026 net sales of $305.6 million, up 15.5%, and net income of $19.5 million, up from $16.4 million, with Adjusted EBITDA of $52.2 million versus $44.4 million a year earlier. The company raised its 2026 net sales growth and Adjusted EBITDA guidance, while net income was helped by a $4.5 million gain on an equity investment sale.
- Q2 2026 net sales $305.6 million, up 15.5%; volume gains of 15.7%
- Q2 2026 net income $19.5 million vs. $16.4 million; includes $4.5 million gain on equity investment
- 2026 guidance raised: net sales growth 10% to 12%; Adjusted EBITDA $210 million to $220 million
- Cash and cash equivalents $350.8 million as of June 30, 2026, after $54.4 million of share repurchases
Read the filing on SEC.gov ↗
Jun 24, 9:12 AM ET
Freshpet said co-founder and President Scott Morris will retire effective October 20, 2026, and will serve as an advisor for 18 months afterward. Chief Operating Officer Nicola Baty will take on the additional role of President on the Separation Date.
- Scott Morris retires effective October 20, 2026, and is paid base salary until then
- Morris becomes an advisor for 18 months at bi-weekly gross payments of $38,904
- Nicola Baty, COO since September 2024, will also become President on the Separation Date
- Unvested RSUs vest at separation; PSUs vest pro rata through December 2026 subject to performance metrics
Read the filing on SEC.gov ↗
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