Slide 1: Thumbnails Document Outline Attachments
Thumbnails Document Outline Attachments
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Slide 3: Q2 2025 Earnings
Q2 2025EarningsAugust 4, 2025 Q2 2025 Earnings Presentation1
Slide 4: Forward Looking Statements & Non-GAAP Measures
Q2 2025 Earnings Presentation2 Forward Looking Statements & Non-GAAP MeasuresFORWARD-LOOKING STATEMENTS Certain statements in this Freshpet, Inc. (the “Company”) constitute “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on our cu
Slide 5: Highlights
Highlights Q2 2025 Earnings Presentation4
Slide 6: Strong profitability improvement despite lower sales volume
“Against a more challenging consumer sentiment backdrop, we continue to Q2 2025 Earnings Presentation5 significantly outperform the dog food category –delivering both category leading sales grow strong improvements in operations.” Q2 2025 Earnings Presentation5 Strong profitability improvement despi
Slide 7: Key fundamentals remain intact
Q2 2025 Earnings Presentation7 Key fundamentals remain intact Q2 2025:•Net sales growth far exceeding category growth•Household penetration 11% and heaviest users growing even faster•Media spend continuing to drive household penetration•170 basis point improvement across quality, input, and log in Q
Slide 8: Addressing the current consumer environment
going forward and “lite” version could be retrofit on existing lines•Improved output from the existing lines coupled with new technology can allow us to defer capex•Direct impact on our cash flow and make the business much less capital intensive the next few yearsEnnis Kitchen has become our most pr
Slide 9: Vast runway for growth in a large category
Vast runway for growth in a large category Q2 2025 Earnings Presentation10 1. NIQ Total US Pet Food $ - OmniChannel by Category 52 Weeks Ended 6/28/252. NIQ Brick & $54B (defined as XAOC + Pet) 52 Weeks Ended 6/28/25, Gently Cooked Fresh/Frozen Branded Dog Food U.S. pet food category1 $37B Dog food
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