Why Freshpet (FRPT) Shares Are Down 11% Today

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Go back to Why Freshpet (FRPT) Shares Are Down 11% Today

Freshpet, Inc. Provides Business Update

December 17, 2021 7:00 AM EST

SECAUCUS, N.J., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (Freshpet or the Company) today announced updated full year 2021 net sales and EBITDA guidance and has posted an updated investor presentation to the Companys investor relations website.

The Company now expects net sales to be between $425 million and $430 million for full year 2021 and adjusted EBITDA to be approximately $42 million for full year 2021.

Supply chain issues continue to cause new challenges for our business, this time with parts supplies for key packaging components. While weve since... More