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Freshpet, on the other hand, has bucked the broader trend in the pet industry, reporting 26% revenue growth to $253.4 million in the quarter, showing the continuing strength of the business.
Freshpet was founded in Secaucus, New Jersey, in 2006 by Scott Morris, Cathal Walsh, and John Phelps, former pet food executives. [6] [7] It opened a factory in Quakertown, Pennsylvania, in 2006; [8] [9] and another in Bethlehem, Pennsylvania in 2013. [4] Freshpet went public on the NASDAQ in November 2014, raising $164 million in its IPO.
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Simmons Foods was founded in 1949 by founder M.H. Bill Simmons, [3] their current CEO is his grandson Todd Simmons. [4]The company was incorporated in 1984. [4]In August 2010, the Simmons Pet Food division bought out Menu Foods for $239 million.
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ResellerRatings is an online ratings site where consumers submit ratings and reviews of online retailers, and online retailers participate to respond to reviewers and to gather reviews from their customers post-purchase. As of July 11, 2017, the site had over 6.2 million user-submitted reviews for 202,000 stores. [citation needed]
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