Q1 25 EPS
$-0.26
MISS 385.40%
Est. $0.09
Q1 25 Revenue
$263.2M
BEAT +1.93%
Est. $258.3M
vs S&P Since Q1 25
-61.7%
TRAILING MARKET
FRPT -31.4% vs S&P +30.3%
Market Reaction
Did FRPT Beat Earnings? Q1 2025 Results
Freshpet delivered a mixed first quarter in 2025, posting revenue that edged past expectations while swinging to a notable loss that left Wall Street caught off guard. The pet food company reported net sales of $263.25 million, up 17.6% year-over-yea… Read more Freshpet delivered a mixed first quarter in 2025, posting revenue that edged past expectations while swinging to a notable loss that left Wall Street caught off guard. The pet food company reported net sales of $263.25 million, up 17.6% year-over-year and modestly ahead of the $258.27 million consensus, but its loss per share of $0.26 missed the $0.09 estimate by 385.40%, sending a clear signal that top-line momentum alone could not carry the quarter. The primary culprit was $16.90 million in non-recurring charges, including a $10.68 million accounts receivable write-off tied to the liquidation of a pet specialty distributor, which helped swing the company from a $18.60 million profit to a $12.70 million net loss. Macroeconomic headwinds compounded the pressure, prompting management to cut full-year net sales guidance to $1.12 billion to $1.15 billion from a prior range of $1.18 billion to $1.21 billion, while adjusted EBITDA guidance was trimmed to $190 million to $210 million, with value-oriented product launches intended to help the company navigate a more cautious consumer environment.
Key Takeaways
- • Volume growth of 14.9% driving the majority of net sales increase
- • Favorable price/mix contribution of 2.7%
- • 310 basis point combined improvement across input costs (-190 bps), logistics (-60 bps), and quality costs (-60 bps)
- • Household penetration growth of 13% with MVP household penetration up 21%
- • Total distribution points expanded 15% with store count up 5% to 28,521
- • Buy rate increased 6% year-over-year
FRPT YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
“Despite the recent macro-economic headwinds, we believe Freshpet remains a structurally advantaged business with a long runway for growth in a category with long-term tailwinds. However, our growth year-to-date has not been as robust as we had anticipated so we are adapting our growth plans to the current economic challenges that our consumers are facing while continuing to drive the operational improvements that are essential to our long-term success.”
— Billy Cyr, Q1 2025 Earnings Press Release
FRPT Earnings Trends
FRPT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FRPT EPS Trend
Earnings per share: estimate vs actual
FRPT Revenue Trend
Quarterly revenue: estimate vs actual
FRPT Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.09 | $0.91 | +929.41% | $297.6M | +2.10% |
| Q4 25 BEAT FY | $0.48 | $0.64 | +34.31% | $285.2M | -0.17% |
| FY Full Year | $2.73 | $2.64 | -3.39% | $1.10B | -0.05% |
| Q3 25 BEAT | $0.40 | $1.86 | +359.83% | $288.8M | +1.80% |
| Q2 25 BEAT | $0.16 | $0.33 | +112.90% | $264.7M | -1.21% |
| Q1 25 MISS | $0.09 | $-0.26 | -385.40% | $263.2M | +1.93% |