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Freshpet records $317.8 million in Q3 net revenue, up 10%

The Motley Fool +1 · ·by G4L

FRPT
FRPT Freshpet Inc
$67.51 +4.46%
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  1. 1Freshpet recorded $317.8 million in net revenue for the third quarter, a 10% increase year-over-year.
  2. 2Adjusted gross margin reached 50%, marking a seven-year high.
  3. 3CEO Billy Syar raised the annual net revenue and adjusted EBITDA guidance.

So what's the key point?

Freshpet's third-quarter net revenue reached $317.8 million. The company has raised its expectations for revenue and profit this year.

Source The Motley Fool +1 · View original ↗

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