Welcome to our dedicated page for Vital Farms news (Ticker: VITL), a resource for investors and traders seeking the latest updates and insights on Vital Farms stock.
Vital Farms, Inc. (Nasdaq: VITL) is a Certified B Corporation and Delaware public benefit corporation that focuses on pasture-raised eggs and related egg-based foods. Started on a single farm in Austin, Texas in 2007, the company has become a national consumer brand working with more than 500, and in some disclosures 575, family farms. Its products, including shell eggs, butter, hard-boiled eggs, and liquid whole eggs, are sold in tens of thousands of retail stores and used by hundreds of foodservice operators across the United States.
The VITL news feed highlights company developments that matter to investors and followers of the ethical food and consumer staples sectors. Regular news items include quarterly financial results, updates on long-term revenue targets, and details on capacity expansions such as the Seymour, Indiana facility known as Vital Crossroads (VXR) and additional production lines at Egg Central Station in Springfield, Missouri. These updates provide insight into how Vital Farms is scaling its supply chain while maintaining its focus on animal welfare and sustainable farming practices.
News coverage also features participation in investor conferences, investor days, and communications about the company’s strategic priorities. In addition, Vital Farms occasionally announces marketing campaigns tied to its pasture-raised eggs, such as a one-time batch of dog treats made with Vital Farms eggs to celebrate working dogs on family farms and in homes, which the company notes is not a new retail category.
By following Vital Farms news, readers can see how management describes demand trends for its pasture-raised products, the growth of its family farm network, and the investments it makes in processing capacity and digital systems. For ongoing context on VITL, this page aggregates these announcements in one place.
Vital Farms (Nasdaq: VITL) has launched a new brand campaign, “Keeping it Bullsh*t-Free,” aimed at challenging misleading food labeling practices and advocating for ethical treatment of animals. This initiative showcases the company’s commitment to transparency and stakeholder engagement. The campaign features storytelling elements highlighting the company’s sustainable farming practices and humane treatment of animals. It will roll out across various digital platforms, continuing the narrative established by previous successful campaigns. Vital Farms is recognized as a leader in pasture-raised eggs and operates with over 300 family farms nationwide.
Vital Farms announces the exclusive availability of Restorative pasture-raised eggs at select Whole Foods Market stores nationwide. Produced using regenerative agriculture principles, these eggs aim to enhance soil health and biodiversity. Vital Farms has transitioned five farms to these practices in collaboration with Understanding Ag. The new cartons are partially made from eco-friendly materials, reflecting the company’s commitment to sustainability. This marks a significant step in the company’s ongoing journey towards innovative and responsible farming.
Vital Farms (VITL) reported a record net revenue of $82.9 million for Q2 2022, marking a 37.4% increase year-over-year. The company achieved a net income of $0.2 million with Adjusted EBITDA of $3.7 million. Despite challenges from rising input and operational costs, the brand maintained its strong market position, outpacing competitors in the egg category. Looking ahead, Vital Farms is projecting net revenue exceeding $340 million for FY 2022, a 30% increase, alongside an expectation of Adjusted EBITDA surpassing $13 million for the year.
Vital Farms (Nasdaq: VITL) will report its Q2 financial results for the period ended June 26, 2022, on August 4, 2022, before the market opens. A conference call to discuss these results will occur at 8:30 a.m. ET on the same day. Vital Farms is recognized as a leading brand in pasture-raised eggs and is committed to ethical food production through its collaboration with nearly 300 family farms across the U.S. The company, founded in 2007, emphasizes humane treatment of animals and sustainable practices, selling its products in over 21,000 stores nationwide.
Vital Farms announced the expansion of its Egg Central Station facility in Springfield, Missouri, increasing its size to 150,000 square feet. This expansion is projected to generate over $300 million in additional revenue and create more than 50 high-quality jobs. The facility’s upgrades focus on sustainability, featuring LEED Silver Certification and solar panels to decrease electricity use and greenhouse gas emissions. The expansion reflects the company’s commitment to ethical food production and long-term stakeholder benefits.
AUSTIN, Texas, May 10, 2022 - Vital Farms (Nasdaq: VITL) announced participation in two investor conferences. On May 24, the company will take part in the Credit Suisse Halo Investment Summit with a panel discussion at 12:25 p.m. ET. On May 25, they will host a fireside chat at the Cowen Future of the Consumer Conference starting at 8:40 a.m. ET. Both events will be available for live streaming on Vital Farms' Investor Relations site. Established in 2007, Vital Farms is a Certified B Corporation focused on humane farming practices and is the leading U.S. brand of pasture-raised eggs.
Vital Farms reported a strong first quarter for 2022 with net revenue surpassing $77 million, marking a 31.6% increase from the previous year. Despite a net loss of $1.5 million, the company achieved Adjusted EBITDA of $0.5 million. Growth was driven by rising egg-related sales and expanded retail distribution. Management maintains fiscal year 2022 guidance, projecting over $340 million in net revenue, reflecting a planned 30% increase. The company highlights robust demand and aims to navigate cost challenges while enhancing output.
Vital Farms (Nasdaq: VITL) will report its first-quarter financial results for the period ending March 27, 2022, on May 5, 2022, before the market opens. A conference call and webcast will follow at 8:30 a.m. ET to discuss these results. The company, a Certified B Corporation, is the leading U.S. brand of pasture-raised eggs, partnering with over 275 family farms across the nation. Vital Farms emphasizes ethical farming and sustainable practices, offering products like shell eggs and butter in over 20,900 stores nationwide.
Vital Farms (Nasdaq: VITL) has launched True Blues, a new carton of heirloom blue eggs, at select Whole Foods Market locations in the Southern Pacific and Northeast regions. Priced at $9.99 per dozen, these Certified Humane® eggs are produced by pasture-raised hens and are aimed at bringing novelty to consumers’ kitchens. The launch includes availability at 100 Whole Foods Market outlets, with plans for further expansion. This addition complements Vital Farms' existing range of premium egg products.
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