Recent Updates — FRPT

Effective October 21, 2026, Freshpet appointed Nicola Baty as President while she continues serving as Chief Operating Officer. The board approved an enhanced compensation package including a $675,000 annual base salary, a target bonus of at least 80% of base salary, and long-term equity incentives with a target opportunity of 250% of base salary. Additionally, Baty received restricted stock units for 58,245 shares vesting on June 30, 2029. Freshpet manufactures and distributes fresh, refrigerated pet food products.

Freshpet, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Net sales increased 15.5% to $305.6 million, driven by a 15.7% volume gain. The company raised its full-year 2026 net sales growth guidance to 10%-12% and Adjusted EBITDA guidance to $210-$220 million. Additionally, Freshpet updated its long-term target for Adjusted Gross Margin to greater than 49%. The filing also disclosed a $54.4 million share repurchase during the first half of the year. Freshpet operates in the pet food industry, manufacturing and distributing fresh, refrigerated dog and cat food products.

Freshpet, Inc. announced that co-founder and President Scott Morris will retire on October 20, 2026. Nicola Baty, the current Chief Operating Officer, will succeed him as President on the same date. Freshpet, Inc. operates in the pet food industry, manufacturing and selling fresh pet food products.