Freshpet, Inc. (NASDAQ:FRPT) Q4 2022 Earnings Conference Call February 27, 2023 8:00 AM ET

Company Participants

Jeff Sonnek - Investor Relations, ICR

Billy Cyr - Chief Executive Officer

Todd Cunfer - Chief Financial Officer

Scott Morris - Chief Operating Officer

Conference Call Participants

Peter Benedict - Baird

Anoori Naughton - JPMorgan

Brian Holland - Cowen & Company

Rupesh Parikh - Oppenheimer

Corey Grady - Jefferies

Michael Lavery - Piper Sandler

Jason English - Goldman Sachs

Jim Salera - Stephens Inc.

Bill Chappell - Truist Securities

Mark Astrachan - Stifel

Cody Ross - UBS

Robert Moskow - Credit Suisse

Jon Andersen - William Blair

Operator

Greetings, and welcome to the Freshpet Fourth Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Jeff Sonnek with ICR. Thank you. You may begin.

Jeff Sonnek

Thank you. Good morning, and welcome to Freshpet's fourth quarter 2022 earnings call and webcast. On today's call are Billy Cyr, Chief Executive Officer; and Todd Cunfer, Chief Financial Officer. Scott Morris, the company's Chief Operating Officer, will also be available for Q&A.

Before we begin, please remember that during the course of this call, management may make forward-looking statements within the meaning of the federal securities laws. These statements are based on management's current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those described in these forward-looking statements. Please refer to the company's annual report on Form 10-K filed with the SEC and the company's press release issued today for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today.

Please note that on today's call, management will refer to certain non-GAAP financial measures such as EBITDA and adjusted EBITDA, among others. While the company believes these non-GAAP financial measures provide useful information for investors, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Please refer to today's press release for how management defines such non-GAAP financial measures, a reconciliation of the non-GAAP financial measures to the most comparable prepared in accordance with GAAP, and limitations associated with such non-GAAP measures.