Vital Farms Reports Third Quarter 2024 Financial Results and Raises Fiscal Year 2024 Outlook [Yahoo! Finance]
Vital Farms, Inc. (VITL)
Company Research
Source: Yahoo! Finance
AUSTIN, Texas, Nov. 07, 2024 (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 29, 2024. Financial highlights for the third quarter ended September 29, 2024, compared to the third quarter ended September 24, 2023, include: Net Revenue increased 31.3% to $145.0 million, compared to $110.4 million Gross Margin expanded 368 basis points to 36.9%, compared to 33.2% Net Income of $7.4 million, compared to $4.5 million Net Income per Diluted Share of $0.16, compared to $0.10 Adjusted EBITDA of $15.2 million, compared to $9.3 million “Our sales momentum from the first half of the year carried into the third quarter of 2024 and we posted another strong topline result with net revenue of $145.0 million, 31.3% growth versus the same period last year. This great performance was made possible by all of the hardworking stakeholder
Show less
Read more
Impact Snapshot
Event Time:
VITL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VITL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VITL alerts
High impacting Vital Farms, Inc. news events
Weekly update
A roundup of the hottest topics
VITL
News
- Vital Farms: Healthy Food, Healthy Company [Seeking Alpha]Seeking Alpha
- Vital Farms to Participate in Furey Research Partners 11th Annual Hidden Gems ConferenceGlobeNewswire
- Vital Farms Reimagines the Iconic Gingerbread House; Releases Limited-Edition Holiday ‘Gingerbread Farmhouse Kit' in Partnership with Supernatural and King Arther Baking Company [Yahoo! Finance]Yahoo! Finance
- Vital Farms Reimagines the Iconic Gingerbread House; Releases Limited-Edition Holiday ‘Gingerbread Farmhouse Kit’ in Partnership with Supernatural and King Arther Baking CompanyGlobeNewswire
- Forbes Daily: These Small-Cap Stocks Are Making A Comeback In 2024 [Forbes]Forbes
VITL
Earnings
- 11/7/24 - Beat
VITL
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/19/24 - Form 4
- VITL's page on the SEC website