Freshpet beats Q3 earnings with 14% revenue growth and positive cash flow. Discover if FRPT is a smart buy amid rising costs.
Colgate-Palmolive Company (NYSE:CL) is broadening its footprint in the pet food industry through the purchase of Care TopCo Pty Ltd, the parent company of Prime100, an Australian fresh pet food brand.
With its fresh products, Freshpet is well positioned to capitalize on continued growing pet ownership along with humanization trends by expanding its store footprint and growing its sales per store.
With consumers pulling back their spending on pet food and adoptions slowing, Freshpet (NASDAQ:FRPT) faces challenges on both a category level, as well as a company level, contributing to a 64% ...