FRPT · PEAD ↓ 100

Freshpet reported Q1 2026 EPS of $0.1699 on 2026-05-11, missing the $0.1726 consensus by $0.0027 (-1.6%); year-over-year comparison is not available in the current data feed.

Print-day reaction was -6.5% versus the prior close, a sharp de-rating on the EPS miss. The overnight gap to the T+1 open recovered a modest +1.0%, suggesting a brief stabilisation bid rather than any meaningful reversal. Over the following two trading days the stock drifted an additional -3.8%, unwinding the overnight support and extending the initial selloff. Cumulative abnormal return of -8.5% versus SPY.US — which itself gained +1.4% over the same window — firmly places this in PEAD short territory; the documented drift pattern holds through the window ending 2026-08-06.