Freshpet (FRPT)

Freshpet (FRPT)

Postby winston » Fri Aug 17, 2018 9:39 pm

not vested

THE 'SIMPLE' BUSINESS THAT'S SHAKING UP THE PET-FOOD INDUSTRY

Today's chart highlights a company that has found a niche within a saturated market...

As DailyWealth readers know, we like to invest in businesses that sell the staples of daily life – like pet food. These days, the majority of U.S. households own a dog or a cat. And with no shortage of food-brand selections, many pet owners are choosing health-focused options for their companions...

That's where Freshpet (FRPT) comes in. In 2007, when a massive pet-food recall hamstrung many companies in the industry, Freshpet made a name for itself as a safe, holistic brand of pet food.

It manufactures refrigerated food and treats for dogs and cats with natural, minimally processed ingredients – best served fresh. This niche strategy is still working today... In the second quarter, sales jumped to $47.6 million – that's 23% growth over the prior year.

As you can see, the stock has climbed more than 115% over the past year, recently hitting a new all-time high. As folks continue to seek out "natural" nutrition options for their pets, Freshpet should continue to profit...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Freshpet (FRPT)

Postby winston » Fri Dec 27, 2019 10:42 pm

not vested

HEALTHIER PET FOOD IS LEADING THIS COMPANY TO OUTSIZED GROWTH

Businesses can make big money selling the everyday items Americans need...

That's why we like to look at companies that "sell the basics" – like pet food.

According to the American Pet Products Association, 68% of American households owned a pet as of 2016 – including around 90 million dogs and 94 million cats. That's a lot of pets to feed every day. And today's company has carved out a niche in that market...

Freshpet (FRPT) makes healthy pet food. The company cooks it up – using farm-raised meat and all-natural ingredients – and delivers it to grocery-store refrigerators across the U.S.

As Americans continue to dote on their pets, they're opting for Freshpet's higher-quality pet food...

The company recently reported net sales of $65 million for the third quarter. It was an increase of 28.5% year over year... and the eighth consecutive quarter that Freshpet has achieved 20% revenue growth.

As you can see, FRPT is up around 480% over the past three years, recently hitting a new all-time high. As people make healthier everyday choices for their pets, that growth should continue...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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