Vital Farms Reports Third Quarter 2022 Financial Results
Vital Farms, Inc. (VITL)
Company Research
Source: GlobeNewswire
Third Quarter Net Revenue a Record $92.0 million, up 42.4% versus Prior YearReaffirms Fiscal Year 2022 Outlook AUSTIN, Texas, Nov. 03, 2022 (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 third quarter ended September 25, 2022. Financial highlights for the third quarter include: Third Quarter 2022 Net Revenue increase of 42.4% to $92.0 millionThird Quarter 2022 Net Income of $0.7 millionThird Quarter 2022 Adjusted EBITDA of $5.2 million1 “Vital Farms continues to challenge food system norms and deliver strong results,” said Russell Diez-Canseco, Vital Farms’ President and Chief Executive Officer. “Our brand has maintained its positive momentum, as exemplified by 28% year-over-year volume growth during our third quarter, outpacing the category, which declined 0.5%.2 Our company produced both sequential and year-over-year gross margin improvement, and Adju
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- Vital Farms First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Vital Farms, Inc. (NASDAQ: VITL) was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating. They now have a $40.00 price target on the stock, up previously from $30.00.MarketBeat
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- Vital Farms Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Vital Farms Reports First Quarter 2024 Financial ResultsGlobeNewswire
VITL
Earnings
- 5/9/24 - Beat
VITL
Sec Filings
- 5/9/24 - Form 144
- 5/9/24 - Form S-8
- 5/9/24 - Form 10-Q
- VITL's page on the SEC website