Vital Farms Q1 net revenue hits record $119.2M, up 54.7% YoY; net income $7.2M

Vital Farms, Inc.

2023-Q1 EPS reported $0.16 revenue$119,172,000

Net revenue $119.2M, up 54.7% YoY; volume grew 26% during the quarter.
Net income of $7.2M; Adjusted EBITDA of $13.9M (record for a single quarter).
CEO cites strong internal execution and robust consumer demand.
No guidance update provided in the release.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Vital Farms, Inc. reported first quarter ended March 26, 2023 results: revenue $119.2 million, net income $7.2 million.

Period: first quarter ended March 26, 2023
Revenue: $119.2 million
Net income: $7.2 million
Result: reported results

Exact text from the filing

Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its first quarter ended March 26, 2023. Financial highlights for the first quarter include: • First Quarter 2023 Net Revenue increase of 54.7% to $119.2 million • First Quarter 2023 Net Income of $7.2 million

View on SEC.gov

Browse all earnings releases →

Vital Farms, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-017464

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.