Freshpet, Inc. (FRPT) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Fresh Pet first quarter 2026 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the call over to your host, Rachel Ulsch, Vice President, Investor Relations and Corporate Communications. Thank you. You may begin. Good morning, and welcome to Fresh Pet's first quarter 2026 earnings call and webcast. On today's call are Billy Sear, Chief Executive Officer, and John O'Connor, Chief Financial Officer. Nikki Beaty, Chief Operating Officer, will also be available for Q&A. Before we begin, please remember that during the course of this call, management may make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements related to our strategies to reaccelerate growth, progress in opportunities and capital efficiencies, timing and impact of new technology, capital spending, adequacy of capacity, expectations to be pre-cash flow positive, 2026 guidance, and 2027 targets. They involve risks and uncertainties that could cause actual results to differ materially from any forward-looking statements made today, including those associated with these statements and those discussed in our earnings press release and our most recent filings from the SEC, including our 2025 annual report on Form 10-K, which are all available on our website. Please note that on today's call, management will refer to certain non-GAAP financial measures such as EBITDA and adjusted EBITDA, among others. While the company believes these...