Earnings And Revenue3Q25 highlights included upside revenue results of $289M (vs. consensus of $284M), above plan AEBITDA of $55M (vs. $53M), and a more constrained Capex outlook for FY25 (and FY26), positive FCF generation in 3Q25 with guidance for FY25 positive FCF (one year earlier than expectations).
Financial GuidanceThe reaffirmation of prior FY25 guidance for net sales growth and AEBITDA suggests confidence in meeting long-term financial targets despite recent adjustments.
Market ExpansionFreshpet's successful rollout to 590 Sam's Club locations and tests at other major retailers show a strong retail partner interest in the brand.