Vital Farms, Inc. Stock Price, News & Analysis

Vital Farms (VITL), a Certified B focused on ethically produced foods, has announced its participation in the upcoming ICR Consumer Conference in Orlando, Florida on January 13-14, 2025.

The company's leadership, including President and CEO Russell Diez-Canseco and CFO Thilo Wrede, will be available for one-on-one meetings throughout both conference days. Key events include:

• A fireside chat hosted by Diez-Canseco on January 14 at 11:00 AM ET, which will be webcast on the company's Investor Relations site
• Diez-Canseco's participation in an industry panel discussion titled 'The Next Stage For Better For You Food' on January 14 at 9:30 AM ET, moderated by TD Securities' Robert Moskow

Vital Farms (VITL) has been recognized on Fast Company's Brands That Matter list for the fourth consecutive year. The company was honored for its marketing efforts that demonstrate purpose and cultural relevance, particularly highlighting its mission to improve lives through food. The recognition specifically praised Vital Farms' 'Farmer Pause' campaign, which ran during holiday 2023, featuring streaming ads that reminded viewers about farmers working through holidays. The campaign included an interactive element where consumers could submit thank-you notes to farmers, resulting in thousands of submissions, some of which were aired on radio ads in farming communities.

Vital Farms (VITL) and Black Seed Bagels have partnered with Pebble Bar at Rockefeller Center to launch the -edition 'Pebble Egg & Cheese' cocktail. Available from December 9th to December 31st, this innovative drink reimagines the classic bacon, egg & cheese breakfast sandwich in liquid form.

The cocktail features Vital Farms egg white, bacon-infused bourbon, and Black Seed Bagels eau-de-vie - a unique spirit distilled from surplus bagels. The drink is garnished with everything bagel seasoning, cheddar cheese powder, and black pepper mix, creating a sunny-side-up egg design. It's recommended to pair with Pebble Bar's seasonal 'Deviled Eggs' made with Vital Farms extra-large eggs.

Vital Farms (Nasdaq: VITL), a Certified B focused on ethically produced foods, has announced its participation in the upcoming 11th Annual Furey Research Partners Hidden Gems Conference. Chief Financial Officer Thilo Wrede will deliver a presentation and engage in a fireside chat with Jim Furey on November 25, 2024, at 10:30 a.m. Eastern Time. The virtual event will be accessible to conference attendees, with registration available through Chris Gaito. Following the conference, the webcast and presentation materials will be made available on Vital Farms' Investor Relations website.

Vital Farms (VITL) has launched a -edition Gingerbread Farmhouse Kit in collaboration with Supernatural and King Arthur Baking Company. The $65 kit includes coupons for Vital Farms pasture-raised eggs and butter, gingerbread and icing mixes from King Arthur Baking, plant-based sprinkles and food colorings from Supernatural, hen and cow cookie cutters, and piping bags. The kit features preservative-free ingredients and comes with a barn blueprint and tutorial video. The concept celebrates the farming tradition of 'raising the barn' while offering a unique twist on traditional gingerbread house making.

Vital Farms (VITL) reported strong Q3 2024 financial results with net revenue increasing 31.3% to $145.0 million compared to $110.4 million in Q3 2023. The company achieved notable improvements with gross margin expanding to 36.9%, net income reaching $7.4 million, and adjusted EBITDA of $15.2 million. Based on strong performance, Vital Farms raised its fiscal year 2024 guidance, now expecting net revenue of at least $600 million and adjusted EBITDA of at least $80 million. The company maintains its trajectory toward reaching its $1 billion net revenue target by 2027, supported by expansion to over 375 family farms and development of a new egg facility in Indiana.

Vital Farms (VITL), a Certified B focused on ethically produced foods, has scheduled its third quarter 2024 financial results announcement for November 7, 2024, before market open. The company will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. Investors can access the live webcast through the company's Investor Relations website, where it will also be archived for future reference.

Vital Farms (Nasdaq: VITL) has appointed Reena Van Hoven as its new Chief People Officer (CPO), effective September 16, 2024. Van Hoven, with nearly 20 years of experience in human resources, joins from Danone North America where she served as North American Senior Vice President of Talent and Rewards. In her new role, she will lead Vital Farms' People Team, overseeing Business Partnerships, Org & People Development, and Total Rewards.

The appointment aligns with Vital Farms' strategy to strengthen its organizational culture and talent development as it aims to become a $1B company. Stephanie Coon, the current SVP of People & Strategy, will transition to focus solely on strategy as SVP of Strategy, remaining on the Senior Leadership Team.

Vital Farms (Nasdaq: VITL) has appointed Joe Holland as Chief Supply Chain Officer (CSCO), effective September 1, 2024. With over 25 years of experience in consumer packaged goods (CPG) operations, Holland will lead Vital Farms' supply chain team, including its egg washing and packing facilities and dairy operations. He will oversee Supply Chain and Logistics, Production Operations, Food Safety Quality Assurance, Dairy Operations, and Integrated Business Planning teams.

Holland's appointment aims to drive operational excellence and support Vital Farms' goal of reaching $1B in net revenue by 2027. He succeeds Jason Dale, who will remain in an advisory role through the end of 2024. The company expects Holland's expertise to further innovate and strengthen its supply chain, aligning with its commitment to ethical food production and stakeholder-focused business model.