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Freshpet Sees Q2 Sales Jump 33%

TheMotleyFool

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Investors appear to be purring over Freshpet's (NASDAQ: FRPT) Q2 2020 results, which were reported on Monday after market close. The company had $80 million in sales, a 33.2% jump year over year. That put net income at $200,000, barely reaching positive territory but surpassing the $5.7 million net loss in the prior-year quarter.

Revenue beat analysts' consensus by $2.88 million. Earnings per share broke even for the quarter, also beating analysts, who anticipated a $0.05 loss per share, according to Zacks Equity Research. The break-even EPS number once again put the company ahead of last year's performance, when Q2 saw a $0.16 net loss per share.

Image source: Getty Images.

Source Fool.com

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