Freshpet Inc (FRPT) Sector
Consumer Discretionary

(Current) $130.69
1.69 (1.31%) Open Price: 130.69

 

Freshpet Inc. is a pet food company that specializes in producing and marketing all-natural pet food made with fresh, refrigerated ingredients. The company was founded in 2006 by Scott Morris and Cathal Walsh and is based in Secaucus, New Jersey, USA. Freshpet's products are sold in a variety of formats, including rolls, bites, and stew-style meals, and are available for dogs and cats.

 

Freshpet went public in November 2014, trading on the NASDAQ exchange under the symbol "FRPT". The IPO saw the company raise $156 million, which was used to fund expansion and build a new production facility. Since then, the company has continued to grow, with a market capitalization of around $4.5 billion as of May 2023.

 

The company's products are marketed as healthier and fresher alternatives to traditional pet food, which often contains preservatives and other additives. Freshpet uses only natural ingredients, with no fillers or byproducts, and its products are free from artificial flavors, colors, and preservatives. The company also works closely with veterinarians and pet nutrition experts to develop and improve its products.

 

Freshpet's products are sold through a variety of channels, including pet specialty stores, grocery stores, and online retailers. The company has also developed a direct-to-consumer subscription service called Freshpet Fridge, which allows customers to have fresh food delivered to their door on a regular basis.

 



 

(05/24/24) $130.69
(05/27/24) $129.00
(05/27/24) (Qty.)513,401
(05/24/24) $128.06
(05/24/24) $131.55
(05/05/24) $116.50
(05/19/24) $131.55
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