Freshpet Inc (Freshpet) is a pet food manufacturing company. It carries out the manufacture and marketing of natural fresh, refrigerated meals and treats for dogs and cats. It offers products such as fresh pet select, vital, fresh treats, nature's fresh and deli fresh. Freshpet types include rolls, bags, stews, treats and cups. The company distributes its products through a pet specialty network of blue-chip retail chains called Freshpet Fridges, grocery, mass, club and natural retail classes. It markets products under the brand names Freshpet, Dognation and Dog Joy. The company operates in the US, the UK and Canada. Freshpet is headquartered in Secaucus, New Jersey, the US.
Headquarters
United States of America
Address
400 Plaza Dr Fl 1, Secaucus, New Jersey, 07094-3605
Website
freshpet.com
Telephone
1 201 5204000
No of Employees
1,083
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
FRPT (NASD)
Revenue (2022)
$766.9M
28.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
43.5%
(2022 vs 2021)
Market Cap*
$5.1B
Net Profit Margin (2022)
XYZ
56.2%
(2022 vs 2021)
* As of and is in US$
Freshpet Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Natural Fresh Foods | Freshpet |
| Refrigerated Meals and Treats for Dogs and Cats | Dog Joy |
| Dognation |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In March, the company and Petco Health and Wellness Company entered into an innovative partnership to produce and deliver fresh, customized subscription meal plans directly to pet parents' doors. |
| 2022 | Stake Sale | In September, the company sold 10% stake to Jana Partners. |
| 2022 | Product Recall | In June, the company recalled a single lot of Freshpet Select Fresh from the Kitchen Home Cooked Chicken Recipe (4.5 lb. bag) due to potential contamination with Salmonella. |
Competitor Comparison
| Key Parameters | Freshpet Inc | Colgate-Palmolive Co | Darling Ingredients Inc | Central Garden & Pet Co | MPM Products Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United Kingdom |
| City | Secaucus | New York City | Irving | Walnut Creek | Manchester |
| State/Province | New Jersey | New York | Texas | California | England |
| No. of Employees | 1,083 | 34,000 | 15,800 | 6,300 | 84 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Walt George | Chairman | Executive Board | 2023 | - |
| Richard Kassar | Vice Chairman | Executive Board | 2020 | - |
| William B. Cyr | Chief Executive Officer; Director | Executive Board | 2016 | 60 |
| Todd Cunfer | Chief Financial Officer | Senior Management | 2022 | - |
| Scott Morris | Chief Operating Officer; President | Senior Management | 2015 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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