Freshpet Expansion and Growth Strategy

Gaining leverage in SG&A 800 700 600 Basis 500 points 400 freshpet 300 200 100 Cumulative SG&A Leverage Progress 260 500 700 0 2016 (Base) 20 20 2017 (Actual) 2018 (Actual) 2019 (Projected) 2020 (Goal) 30

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