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Freshpet Narrows Loss in Q2, Revenue Increases; Raises Sales Guidance
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Freshpet Narrows Loss in Q2, Revenue Increases; Raises Sales Guidance
Aug 5, 2024 4:44 AM

07:00 AM EDT, 08/05/2024 (MT Newswires) -- Freshpet ( FRPT ) reported a Q2 loss of $0.03 per diluted share on Monday, compared with a loss of $0.35 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.04.

Revenue for the quarter ended June 30 was $235.3 million, up from $183.3 million a year earlier.

Analysts surveyed by Capital IQ expected $231.04 million.

The company now expects 2024 sales of at least $965 million, up from previous guidance of $950 million.

Price: 124.13, Change: +2.03, Percent Change: +1.66

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