Quarterly ResultAug 5, 2026, 04:18 PM
Freshpet H1 Net Sales +14.3% to $603.2M; EPS $1.38
AI Summary
Freshpet reported strong financial results for the second quarter and first half of 2026. Net sales grew 15.5% in Q2 to $305.6 million and 14.3% in H1 to $603.2 million. The company's H1 net income significantly increased to $68.0 million, driven by a $66.6 million pre-tax gain from an equity investment sale. Freshpet also repurchased $54.6 million of its common stock during the first half of the year.
Key Highlights
- H1 2026 Net Sales increased 14.3% to $603.2 million from $527.9 million in H1 2025.
- Q2 2026 Net Sales increased 15.5% to $305.6 million from $264.7 million in Q2 2025.
- H1 2026 Basic EPS was $1.38, significantly up from $0.08 in H1 2025.
- H1 2026 Net Income attributable to common stockholders was $68.0 million, compared to $3.7 million in H1 2025.
- Recognized a pre-tax gain of $66.6 million from the sale of an equity investment in H1 2026.
- Net cash flows provided by operating activities rose to $84.8 million in H1 2026 from $38.7 million in H1 2025.
- Repurchased $54.6 million of common stock in H1 2026 under a $150 million share repurchase program.
- Cash and cash equivalents increased to $350.8 million as of June 30, 2026.
Price Impact
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