Vital Farms Reports Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]
Vital Farms, Inc. (VITL)
Company Research
Source: Yahoo! Finance
AUSTIN, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its fourth quarter (14 weeks) and fiscal year (53 weeks) ended December 31, 2023. Financial highlights for the fourth quarter ended December 31, 2023 (14 weeks) compared to the fourth quarter ended December 25, 2022 (13 weeks): Net Revenue increased 23.4% to $135.8 million, compared to $110.1 million. Excluding the extra week in the fourth quarter, Net Revenue increased 15.7%. Net Income of $7.2 million, compared to $1.9 million. Net Income per Diluted Share of $0.17, compared to $0.04. Adjusted EBITDA of $13.9 million, compared to $6.9 million.¹ Financial highlights for the fiscal year ended December 31, 2023 (53 weeks) compared to the fiscal year ended December 25, 2022 (52 weeks): Net Revenue increased 30.3% to $471.9 million, compared to $362.1 million. Excluding the e
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VITL
News
- Vital Farms, Inc. (NASDAQ: VITL) had its price target raised by analysts at Stifel Nicolaus from $22.00 to $30.00. They now have a "buy" rating on the stock.MarketBeat
- Vital Farms (VITL) Earnings Expected to Grow: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Vital Farms to Report First Quarter 2024 Financial Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- Vital Farms to Report First Quarter 2024 Financial Results on May 9, 2024GlobeNewswire
- Vital Farms, Inc. (NASDAQ: VITL) had its price target raised by analysts at Lake Street Capital from $26.00 to $32.00. They now have a "buy" rating on the stock.MarketBeat
VITL
Earnings
- 3/7/24 - Beat
VITL
Sec Filings
- 4/23/24 - Form 4
- 4/19/24 - Form 144
- 4/16/24 - Form 4
- VITL's page on the SEC website