Freshpet, Inc. (FRPT) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.737 Greetings and welcome to the Fresh Pet first quarter 2026 earnings call. 00:00:04.737 -- 00:00:07.681 At this time, all participants are in a listen-only mode. 00:00:07.681 -- 00:00:11.346 A question and answer session will follow the formal presentation. 00:00:11.346 -- 00:00:15.232 If anyone should require operator assistance during the conference, please press star 00:00:15.232 -- 00:00:20.198 zero on your telephone keypad. As a reminder, this conference is being recorded. 00:00:20.198 -- 00:00:25.165 I would now like to turn the call over to your host, Rachel Ulsch, Vice President, Investor 00:00:25.165 -- 00:00:28.209 Relations and Corporate Communications. Thank you. 00:00:28.209 -- 00:00:30.389 You may begin. 00:00:30.389 -- 00:00:35.073 Good morning, and welcome to Fresh Pet's first quarter 2026 earnings call and webcast. 00:00:35.073 -- 00:00:39.377 On today's call are Billy Sear, Chief Executive Officer, and John O'Connor, Chief Financial 00:00:39.377 -- 00:00:43.961 Officer. Nikki Beaty, Chief Operating Officer, will also be available for Q&A. 00:00:43.961 -- 00:00:48.025 Before we begin, please remember that during the course of this call, management may 00:00:48.025 -- 00:00:51.608 make forward-looking statements within the meaning of the Private Securities Litigation 00:00:51.608 -- 00:00:56.352 Reform Act of 1995. These include statements related to our strategies to reaccelerate 00:00:56.352 -- 00:01:00.599 growth, progress in opportunities and capital efficiencies, timing and impact of new 00:01:00.599 -- 00:01:05.065 technology, capital spending, adequacy of capacity, expectations to be pre-cash flow 00:01:05.065 -- 00:01:08.509 positive, 2026 guidance, and 2027 targets. 00:01:08.509 -- 00:01:12.113 They involve r...