Freshpet Inc (NASDAQ:FRPT) shares are shooting higher after the company reported better-than-expected first-quarter FY24 earnings. The company reported first-quarter FY24 sales growth of 33.6% year-on-year to $223.85 million, beating the analyst consensus of $216.418 million. Net sales for the first quarter of 2024 were driven by volume gains of 30.6%. Gross profit increased 73.6% Y/Y to $88.2 million, with the margin expanding from 30.3% to 39.4%. The increase in gross margin was primarily due to improved leverage on plant expenses, reduced quality costs, and lower input cost as a percentage …