BUZZ-Freshpet slips after downbeat annual sales forecast, Q4 results

Reuters
20 Feb
BUZZ-<a href="https://laohu8.com/S/FRPT">Freshpet</a> slips after downbeat annual sales forecast, Q4 results

** Shares of pet food maker Freshpet FRPT.O down 4.3% at $125 premarket

** Company forecasts annual net sales in the range of $1.18 billion to $1.21 billion, largely below estimates of $1.21 billion- data compiled by LSEG

** Also reports Q4 net sales of $262.7 million vs. estimates of $264.1 million and EPS of 36 cents below estimates of 39 cents

** However, FRPT's annual adjusted EBITDA forecast of above $210 million was higher than estimates of $204.4 million

** FRPT rose 70.7% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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