In 2020, the company reported revenue of almost $319 million, an increase of some 30%, and a net income loss of $3.19 million, up 130% on the previous year. It also reported losses in the four preceding years.[1][2]
Products
Freshpet's
cat food and
dog food products are marketed as fresh, requiring refrigeration[4] since the company's products have no preservatives.[13] Freshpet was the first to distribute pet food in the fresh and refrigerated category across North America. After a 2007 crisis of wet and dried dog food tainted by
melamine, Freshpet's uncontaminated fresh food products experienced rapid growth in the number of stores carrying them.[14][15]
As of 2021, the company's pet-food brands include Freshpet, Dog Joy, DogNation, Spring & Sprout,[16] Vital, Homestyle Creations, and Nature's Fresh.[17]
^Morley, Hugh (June 12, 2007). "Barking up the right tree; Freshpet sales soar after tainted-food scandal". The Record.
^Newman, Richard (December 11, 2014). "Pet Food Shares Have Wild Ride". The Record. Bergen County, New Jersey.
^
abHarris, Jon (November 7, 2019). "5 years after going public, Freshpet rings Nasdaq opening bell as market cap crosses $2 billion". The Morning Call. Allentown, Pennsylvania.