Vital Farms, Inc.

Vital Farms, Inc. packages, markets and distributes pasture-raised shell eggs, pasture-raised butter and other products. Its products are sold under the trade names Vital Farms, Alfresco Farms, Lucky Ladies and RedHill Farms, primarily to retail foodservice channels. The company was founded by Catherine Stewart, Matthew O'Hayer and Jason Jones in 2007 and is headquartered in Austin, TX.

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Vital Farms posts robust Q4 earnings, eyes sustainable growth

Vital Farms' Q4 2022 performance reflects strong revenue growth, operational efficiency, and strategic investments for sustainable long-term growth.
While facing challenges from cost inflation and margin pressures, the company's focus on market expansion, ESG initiatives, and pricing strategies positions it well for the future.
Opportunities in household penetration, margin improvement, and ESG enhancements present avenues for continued success and market leadership.
Guidance for FY 2023 underscores a positive outlook, supported by revenue projections and strategic initiatives to drive profitability.

Vital Farms reports record Q1 earnings amidst industry challenges

Vital Farms delivered strong financial results, maintaining guidance for fiscal year 2023. Despite industry challenges, they focus on growth, brand value, and transparency. The company's strategic approach positions them well to capitalize on opportunities and navigate market uncertainties.

Vital Farms excels in Q2 2023, eyes growth and efficiency

Vital Farms delivered strong financial performance in Q2 2023, with revenue growth, expanded margins, and strategic outlook. Challenges in the egg category were mitigated by market share gains and pricing adjustments.
The company's focus on growth opportunities, operational efficiency, and strategic planning positions it well for future success. Analyst Day in September will provide insights into long-term strategies and financial outlook.
With a solid retail footprint, inventory management, and a customer-centric approach, Vital Farms is navigating market dynamics effectively and poised for continued growth.

Vital Farms excels in Q3, eyes $1B revenue by 2027

Vital Farms demonstrated strong financial performance and resilience in a challenging market, with robust revenue and EBITDA growth.
Strategic focus on premium pricing, distribution expansion, and supply chain strength positions the company for continued growth.
Challenges in the egg category were overcome, and opportunities for growth through product expansions and marketing investments are evident.
Overall, Vital Farms is well-positioned for future success, with a clear path towards achieving ambitious revenue targets and maintaining financial strength.

Vital Farms posts record Q4 revenue, eyes digital transformation benefits

Vital Farms delivered strong financial performance and market expansion in Q4.
The company's investments in digital transformation and marketing are poised for future growth.
Challenges include margin pressures and adapting to market dynamics.
Opportunities lie in strategic marketing, operational efficiencies, and partnerships.

Vital Farms reports record Q1 earnings, eyes strategic growth

Vital Farms' Q1 2024 earnings call showcased remarkable financial performance, driven by revenue growth, expanded margins, and operational enhancements. The company's strategic focus on product diversification, distribution expansion, and brand building has yielded positive results.
While facing challenges such as channel sales fluctuations and market price volatility, Vital Farms remains resilient and optimistic about future growth prospects. By capitalizing on opportunities for retail expansion, brand awareness, and operational efficiency, the company aims to achieve long-term success.
Overall, Vital Farms' strong performance, strategic strengths, identified challenges, and growth opportunities position the company well for sustained success and market leadership in the organic food industry.

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AUSTIN, Texas, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) was recognized by Real Leaders ®️ on its 2024 Top Impact Companies list, a global ranking of positive impact companies “applying capitalism for greater profit and greater good.” Real Leaders®️ is a media platform celebrating companies that strive to leave the world better than they found it. The annual list honors companies who are “bearing a new vision of capitalism that demonstrates every transaction is an opportunity for growth and a better world.”

Vital Farms Recognized as a 2024 Real Leaders®️ “Top Impact Company”

Vital Farms is a long-term secular growth play in the ethical food industry. The company went public in 2020 and has seen continued volume and sales growth over time. After margins reverted after the pandemic-fueled momentum, real margins gains have been seen in 2023, providing comfort into the future.

Vital Farms: A Healthier Future

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AUSTIN, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) -- It's officially that time of year where many are ramping down, throwing on their ‘out of office,' and enjoying quality time with loved ones. Vital Farms (Nasdaq: VITL) however, wants to remind consumers of one of the many important groups across the country who don't get to take time off, even during the holidays: farmers.

Vital Farms' New Pause Ad Activation Celebrates Those Who Don't Get to Pause, Even During Holidays: Farmers

AUSTIN, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Vital Farms, (Nasdaq: VITL) a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced that Russell Diez-Canseco, President, and Chief Executive Officer, and Thilo Wrede, Chief Financial Officer, will participate in the following investor conferences in January:

Vital Farms to Participate in January 2024 Investor Conferences

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The average of price targets set by Wall Street analysts indicates a potential upside of 38.1% in Vital Farms (VITL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Vital Farms (VITL) Have the Potential to Rally 38.11% as Wall Street Analysts Expect?

Vital Farms (VITL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Vital Farms (VITL) Might be Well Poised for a Surge

The consensus price target hints at a 54.5% upside potential for Vital Farms (VITL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 54.51% Upside in Vital Farms (VITL): Here's What You Should Know

AUSTIN, Texas, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Vital Farms' (Nasdaq: VITL) egg washing and packing facility, Egg Central Station (ECS), earned another award for sustainable manufacturing design. FOOD ENGINEERING magazine, one of the most trusted authorities in the manufacturing industry, recently honored ECS as 2023 Sustainable Plant of the Year at the publication's 24th annual Food Automation & Manufacturing Symposium and Expo (FA&M).

Laying a Model for Sustainable Food Processing: Vital Farms' Egg Central Station Honored as FOOD ENGINEERING's 2023 Sustainable Plant of the Year

Vital Farms, Inc. (NASDAQ:VITL ) Q3 2023 Results Conference Call November 2, 2023 8:30 AM ET Company Participants Matt Siler - VP, IR Russell Diez-Canseco - President and CEO Thilo Wrede - CFO Pete Pappas - Chief Sales Officer Conference Call Participants Pamela Kaufman - Morgan Stanley Adam Samuelson - Goldman Sachs Matt Smith - Stifel Robert Moskow - TD Cowen Robert Dickerson - Jefferies Matt McGinley - Needham Ryan Meyers - Lake Street Capital Markets Matt Siler Thank you. Good morning.

Vital Farms, Inc. (VITL) Q3 2023 Earnings Call Transcript

Third Quarter Net Revenue $110.4 million, up 20.0% versus Prior Year Period Raises 2023 Adjusted EBITDA Forecast

Vital Farms Reports Third Quarter 2023 Financial Results

Three brands with Texas roots unite for a birthday and a good cause to benefit national food and beverage workers through Southern Smoke Foundation Three brands with Texas roots unite for a birthday and a good cause to benefit national food and beverage workers through Southern Smoke Foundation

HomeState, Franklin Barbecue, and Vital Farms Are Teaming Up to Bring Los Angeles The Best Breakfast Taco on the Planet

Vital Farms operates in a promising niche of the health-conscious food industry with strong revenue growth momentum. The company's revenue growth has been impressive, but it has yet to achieve sustainable profitability. The stock is currently fairly priced with limited upside potential, leading to a neutral "Hold" rating.

Vital Farms: I Like The Business, But Not The Valuation

AUSTIN, Texas, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the third quarter ended September 24, 2023, on Thursday, November 2, 2023, before market open.

Vital Farms to Report Third Quarter 2023 Financial Results on November 2, 2023

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Vital Farms (VITL) is on track to deliver on its long-term revenue and EBITDA goals, propelled by distribution point enhancement.

Vital Farms (VITL) Unveils Ambitious Long-Term Financial Goals

Company Sets $1 Billion Net Revenue Target for 2027 Maintains 2023 Net Revenue and Adjusted EBITDA Forecast

Vital Farms Updates Long-Term Financial Targets

AUSTIN, Texas, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) continues to raise the standards as the first national egg brand to earn a Regenified™ verification. The third-party verification for the company's regenerative offering, Restorative Eggs, recognizes the progress made with a core group of farmers using regenerative practices that build soil health in order to increase the land's resilience to flood and drought. The accompanying Regenified™ seal is a signal of trust to consumers that Vital Farms is a leader in regenerative farming trying to improve soil for future generations.

Vital Farms Deepens Roots in Regenerative Farming as the First National Egg Brand to Earn a Regenified™ Verification

AUSTIN, Texas, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced that it will host an Analyst Day on Tuesday, Sept. 19, 2023, at The Austonian Club, in Austin, TX.

Vital Farms to host Analyst Day on September 19, 2023

Vital Farms, Inc. (NASDAQ:VITL ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Matthew Siler - VP, IR Russell Diez-Canseco - President and CEO Thilo Wrede - CFO Peter Pappas - Chief Sales Officer Conference Call Participants Pamela Kaufman - Morgan Stanley Cody Ross - UBS Matt McGinley - Needham Matt Smith – Stifel Robert Dickerson - Jefferies Ben Klieve - Lake Street Capital Markets Robert Moskow - TD Cowen Operator Good day, and thank you for standing by. Welcome to the Vital Farms Conference Call.

Vital Farms, Inc. (VITL) Q2 2023 Earnings Call Transcript

Vital Farms (VITL) continues its strong second-quarter performance through collaborative stakeholder engagement and passionate commitment to quality products amid higher input cost challenges.

Vital Farms (VITL) Q2 Earnings Beat Estimates, Rise Y/Y

Vital Farms (VITL) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to break-even earnings per share a year ago.

Vital Farms (VITL) Beats Q2 Earnings and Revenue Estimates

Second Quarter Net Revenue $106.4 million, up 28.4% versus Prior Year Period Raises 2023 Net Revenue and Adjusted EBITDA Forecast

Vital Farms Reports Second Quarter 2023 Financial Results

AUSTIN, Texas, July 20, 2023 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the second quarter ended June 25, 2023, on Thursday, August 3, 2023, before market open.

News for Vital Farms, Inc. Stock (VITL)