Freshpet Short Squeeze - Pet Food Maker Stock Surges After Outlook Bump

Freshpet Inc. (NASDAQ: FRPT ) reported better-than-expected second-quarter results Wednesday, as strong volume growth, improved plant leverage and lower input costs lifted sales and margins. The company also raised its fiscal 2026 sales and adjusted EBITDA outlook. Freshpet shares moved sharply higher on a positive second-quarter report and a short squeeze. Almost 21% of the company’s float shows short interest as of Pro data. Earnings and Revenue Beat Estimates Freshpet reported diluted earnings of 39 cents per share, beating the 32-cent estimate. The pet food maker reported sales of $305.587 million, topping the $292.163 million estimate and rising 15.5% from $264.7 million a year earlier. Volume increased 15.7%, partly offset by a 0.2% unfavorable price-and-mix impact. Net income increased to $19.5 million from $16.4 million, helped by higher sales and a $4.5 million gain on an equ...