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Can the company continue its 40%+ growth year-over-year or does that growth come down? I mentioned the credit borrowings above. Freshpet notes that due to strong demand it is expanding its production capacity and launching an innovation center to กระเป๋า MANGO รุ่นใหม่ create new products. That kind of spending will certainly weigh on results in the short term and may be the reason Freshpet doesn't post a profit until 2018. The other big question is, can Freshpet eventually achieve margins similar to the dried pet food businesses? I couldn't find Big Heart Pet Brands gross margins as it is now part of J.M. Smucker (NYSE: SJM ), but its operating margin for that division was 22.9%. Freshpet has a negative operating margin currently due to heavy spending as I outlined.
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