Freshpet Q3 net sales rise 26.3% to $253.4 million; company raises 2024 guidance
Freshpet reported third-quarter 2024 net sales of $253.4 million, up 26.3% from a year earlier, and net income of $11.9 million, compared with a net loss of $7.2 million in the prior-year quarter. The company raised its 2024 net sales and Adjusted EBITDA guidance, which signals higher expected full-year results for shareholders.
Key points
- Q3 net sales of $253.4 million, up 26.3%, driven by volume gains of 26.1%
- Q3 net income of $11.9 million, compared with a net loss of $7.2 million a year earlier
- Q3 Adjusted EBITDA of $43.5 million, compared with $23.2 million a year earlier
- 2024 guidance: net sales of about $975 million (previously at least $965 million); Adjusted EBITDA of at least $155 million (previously at least $140 million); capital expenditures of about $180 million (previously about $200 million)
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.