Freshpet Inc

FRPT: XNAS (USA)
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Freshpet Earnings: Robust Top-Line Growth, but Adjusted EBITDA Margin Contracts on Higher Expenses

Freshpet reported first-quarter revenue of $298 million, up 13.1% year-over-year, as a volume gain of 14.6% offset unfavorable price/mix. However, adjusted EBITDA margin contracted by 80 basis points to 12.7% amid higher variable compensation expense, logistics costs, and media spending.

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