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Stock impact report

Vital Farms Inc (VITL) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]

Vital Farms, Inc. (VITL) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA: $15.2 million, up 64.5% year-over-year. Adjusted EBITDA Margin: Improved to 10.5%, up 212 basis points from last year. Net Income: $7.4 million or $0.16 per diluted share. SG&A Expenses: $36.1 million or 24.9% of net revenue. Cash and Cash Equivalents: $163 million as of September 29, 2024. Distribution Points Growth: Increased by 17.3% in the natural channel and 20.2% in the food channel. Family Farms Network: Expanded to more than 375 farms. Warning! GuruFocus has detected 3 Warning Signs with VITL. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Vital Farms Inc ( NASDAQ:VITL ) reported a strong third quarter with net revenue up 31.3% to $145 million. Gross margin improved significantly by 368 basis points to 36.9% in the quarter. Adjusted EBITDA increased by 64.5% to $15.2 million, with a margin improvement to 10.5%. The company expanded its distribution p Show less Read more
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