Freshpet Inc
For the period ended Jun 30, 2024. Filed Aug 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 5, 2024
FRPT$64.61-4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Income Loss
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME
| For the Three Months EndedJune 30, | For the Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| NET SALES | $235,253 | $183,331 | $459,102 | $350,853 |
| COST OF GOODS SOLD | 141,301 | 124,087 | 276,992 | 240,849 |
| GROSS PROFIT | 93,952 | 59,244 | 182,110 | 110,004 |
| SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES | 95,702 | 75,996 | 175,396 | 148,267 |
| (LOSS) INCOME FROM OPERATIONS | (1,750) | (16,752) | 6,714 | (38,263) |
| OTHER INCOME (EXPENSES): | ||||
| Interest and Other Income, net | 2,861 | 4,108 | 6,195 | 5,055 |
| Interest Expense | (2,751) | (3,329) | (5,811) | (6,501) |
| Gain on Equity Investment | — | — | 9,918 | — |
| 110 | 779 | 10,302 | (1,446) | |
| (LOSS) INCOME BEFORE INCOME TAXES | (1,640) | (15,972) | 17,016 | (39,708) |
| INCOME TAX EXPENSE | 54 | 70 | 108 | 140 |
| LOSS ON EQUITY METHOD INVESTMENT | - | 910 | — | 1,890 |
| (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS | $(1,694) | $(16,952) | $16,908 | $(41,738) |
| OTHER COMPREHENSIVE LOSS: | ||||
| Change in foreign currency translation | $(79) | $(2,039) | $(197) | $(2,033) |
| TOTAL OTHER COMPREHENSIVE LOSS | (79) | (2,039) | (197) | (2,033) |
| TOTAL COMPREHENSIVE (LOSS) INCOME | $(1,773) | $(18,991) | $16,711 | $(43,771) |
| NET (LOSS) INCOME PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS | ||||
| -BASIC | $(0.03) | $(0.35) | $0.35 | $(0.87) |
| -DILUTED | $(0.03) | $(0.35) | $0.34 | $(0.87) |
| WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING | ||||
| -BASIC | 48,461 | 48,132 | 48,400 | 48,089 |
| -DILUTED | 48,461 | 48,132 | 50,154 | 48,089 |
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