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  "documentTitle": "Freshpet | Results Presentation Deck | 34 slides",
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  "authorName": "Freshpet",
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  "presentationDate": "2024-05-01 00:00:00",
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      "text": "Strength of the Freshpet growth model\n31% volume-based growth\nIncreased household penetration (24% YoY) at a customer acquisition cost (CAC) comparable to levels we experienced prior to the price increases over the last two years",
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      "text": "Operating discipline to balance capacity and demand at a high growth rate\nExpanding capacity on-budget and on-time while improving margins\nStrong fill rates (high 90s) support excellent customer service",
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      "text": "Improved operational effectiveness\n920 basis point improvement across quality, input, and logistics costs in Q1 2024\nAdjusted gross margin, input, quality and logistics cost all exceeded long-term targets in Q1 2024\nAdding organizational capabilities at all levels to support growth",
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      "text": "Q1 2024 EARNINGS PRESENTATION freshpet",
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      "text": "Strong performance driven by key fundamentals:",
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