Freshpet Distribution and Sales Performance

Growing pains: Increased staffing ahead of demand increased production costs $53,000,000 $51,000,000 $49,000,000 $47,000,000 $45,000,000 $43,000,000 $41,000,000 $39,000,000 $37,000,000 $35,000,000 Q1 Labor Productivity $220,000 $210,000 $200,000 $190,000 $180,000 Began 24/7 Production $170,000 Q2 Q3 Revenue Produced $Revenue Per FTE $160,000 $150,000 freshpet Increased staffing +37% vs. June '18 to convert lines to 24/7 production in Sept. '18 and Jan. '19 16

View entire presentation