Here's Why Freshpet Stock Surged Higher Today
FRPTFreshpet(FRPT) The Motley Fool·2024-02-27 00:07

Shares of pet food company Freshpet (FRPT 17.35%) surged higher on Monday after the company reported completed financial results for 2023. As of 10:40 a.m. ET, Freshpet stock was up 19% and had hit new 52-week highs. Business is booming for Freshpet In the fourth quarter of 2023, Freshpet had net sales of 215million,itshighesteverandup30215 million, its highest ever and up 30% from the prior- year period. This was almost 12 million more than what management had expected. And the good news is that its growth was driven by a 25% increase ...