Author: Henry Mathieu

Credit: Freshpet / Facebook. Freshpet’s CEO describes 2023 as an “inflection point” after turning a profit in the fourth quarter, even though the US business posted a loss for the full year. Nasdaq-listed pet-food maker Freshpet reported revenue of $15.3m in the three months to 31 December, compared with a loss of $2.9m in the final quarter of 2022. Over the 12 months, Freshpet remained at red to the tune of $33.6m, although narrowing from last year’s $59.5m loss. Net sales and adjusted EBITDA increased in both periods. “Our strong results in 2023 show that Freshpet has reached an inflection…