Should You Invest In Freshpet Inc?

Freshpet is headquartered in Secaucus, New Jersey and is a provider of pet foods that are manufactured from US-raised chicken or beef and locally farmed vegetables, and are considered to be rich in vital nutrients, vitamins and proteins, according to FDA and USDA standards. The company’s products, which include both food and treats, serve over 1 million pet owners and are sold through a retail network of over 20,000 fridges in North America, as well as online. The company was named one of Adweek’s Top Status Quo Defying Brands. Freshpet states that its kitchens cook the pet food in small batches at lower temperatures to preserve key nutrients, and refrigerate the products from the moment they are made until they arrive at local markets. The company’s financial results for the third quarter of fiscal 2019 included reported net sales of $65.3 million, representing an increase of 28.5% as compared to the third quarter of 2018. Add this instrument to your watchlist and get the latest updates on FRPT price movements.