Author: Steve Gelsi

Food

Freshpet stock rose 13% as the pet-food maker posted a profit

Last Updated: Feb. 26, 2024 at 7:13 am ET First Published: Feb. 26, 2024 at 6:56 am ET The stock of Freshpet Inc. rose 17% on Monday to its highest level in nearly two years after the pet-food company’s fourth-quarter revenue and profit topped analyst estimates. Freshpet FRPT said it earned $15.66 million, or 31 cents per share in the fourth quarter. Over the past year, Freshpet lost $2.59 million, or 6 cents per share. Analysts… The stock of Freshpet Inc. rose 17% on Monday to its highest level in nearly two years after the pet-food company’s fourth-quarter revenue and…

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