Vital Farms focuses on ethically raising cage-free, pasture-raised chickens, aligning with consumer trends and state laws, making it a promising growth market. The company has a small market share in egg production, but benefits from market trends and support for new laws. There's a risk associated with the fact that Vital doesn't produce the eggs, but rather buys them from farmers who don't have contracts with the company.
VITL's fourth-quarter results reflect higher sales and earnings. Also, the adjusted EBITDA margin increases 130 basis points to 11.5% in the quarter.
The company will continue to invest in brands and supply-chain capabilities as it targets $1 billion in sales by 2027.
'Mad Money' host Jim Cramer takes a closer look at Vital Farms and if it's worth adding to your portfolio.
Vital Farms, Inc. (NASDAQ:VITL ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Anthony Bucalo - Vice President of Investor Relations Russell Diez-Canseco - President & Chief Executive Officer Kathryn McKeon - Chief Marketing Officer & General Manager of Butter Pete Pappas - Chief Sales Officer Thilo Wrede - Chief Financial Officer Conference Call Participants Robert Dickerson - Jefferies Robert Moskow - TD Cowen Ben Klieve - Lake Street Capital Markets Jon Andersen - William Blair Sarang Vora - Telsey Advisory Group Matt Smith - Stifel Eric Des Lauriers - Craig-Hallum Capital Group Operator Thank you for standing by. My name is Kate and I will be your conference operator today.
Russel Diez-Canseco, Vital Farms CEO, joins CNBC's 'Squawk on the Street' to discuss egg prices, how Vital Farms works with family farmers and been able to avoid bird flu, and more.
Fiscal Year 2024 Net Revenue of $606.3 million, up 28.5% versus Fiscal Year 2023 FY 2025 Outlook of $740 million in Net Revenue and $100 million in Adjusted EBITDA On Track to Reach $1 Billion Net Revenue Target in 2027
AUSTIN, Texas, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Big Path Capital has honored Vital Farms (Nasdaq: VITL) and its President & CEO Russell Diez-Canseco at #2 on the annual MO 100 Top Impact CEO Ranking. This is the fourth consecutive year the company and Diez-Canseco have been honored, moving up from the #3 spot in 2024 to the #2 spot this year.
Zacks.com users have recently been watching Vital Farms (VITL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the latest trading session, Vital Farms (VITL) closed at $35.71, marking a +0.85% move from the previous day.