Freshpet, Inc. (FRPT) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.157 2025 earnings call. At this time, all participants are in a listen-only 00:00:05.157 -- 00:00:09.642 mode. A question and answer session will follow the formal presentation. 00:00:09.642 -- 00:00:13.927 If anyone should require operator assistance, please press star zero on your telephone 00:00:13.927 -- 00:00:17.752 keypad. As a reminder, this conference is being recorded. 00:00:17.752 -- 00:00:22.818 It is now my pleasure to introduce Rachel Els, Vice President, Investor Relations. 00:00:22.818 -- 00:00:23.899 Thank you. You may begin. 00:00:23.899 -- 00:00:29.343 Good morning, and welcome to Fresh Pet's first quarter 2025 earnings call and webcast. 00:00:29.343 -- 00:00:34.068 On today's call are Billy Cedar, Chief Executive Officer, and Todd Comfort, Chief Financial 00:00:34.068 -- 00:00:39.053 Officer. Scott Morris, President and Co-Founder, will also be available for Q&A. 00:00:39.053 -- 00:00:42.356 Before we begin, please remember that during the course of this call, management may 00:00:42.356 -- 00:00:46.000 make forward-looking statements within the meaning of Private Securities Litigation Reform 00:00:46.000 -- 00:00:51.005 Act of 1995. These include statements related to our long-term strategy and targets, 00:00:51.005 -- 00:00:55.810 prospects and plans for growth, timing and adequacy of capacity, potential impact of 00:00:55.810 -- 00:01:00.980 tariffs and consumer sentiment, expectations to be free cash flow positive in 2026, 00:01:00.980 -- 00:01:06.207 and 2025 guidance. Please refer to the earnings press release and our most recent finalings 00:01:06.207 -- 00:01:11.214 of the SEC, including our 2024 annual report on Form 10-K, all available 00:01:11.214 -- 00:01:14.718 on our website for a discussion of the fact...