Freshpet Plunged 19% on Sales Miss. The Risk Might Be Overblown. - Barron's
1. Q4 sales were $262.7M and EPS hit 36 cents. Both missed estimates. 2. CEO declared 2024 a breakout year. Raised long-term profit margin targets. 3. Full-year net income turned positive for the first time. Free cash flow expected positive by 2026. 4. Stock dropped nearly 19% post-report. Analysts expressed mixed near-term growth views.