secwatch.observer — SEC 8-K summary
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Issuer:     Vital Farms, Inc. (VITL)
CIK:        0001579733
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0000950170-24-027586
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vital Farms Q4 revenue $135.8M (+23.4% YoY), FY net income jumps to $25.6M
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- Q4 net revenue $135.8M, up 23.4% vs prior year; excluding extra week, up 15.7%.
- Q4 net income $7.2M ($0.17 diluted EPS) vs $1.9M ($0.04); adjusted EBITDA $13.9M vs $6.9M.
- FY 2023 (53 wks) net revenue $471.9M, +30.3% YoY; net income $25.6M ($0.59 diluted EPS) vs $1.2M ($0.03).
- FY adjusted EBITDA $48.3M vs $16.2M; operating cash flow expanded nearly $60M.
- No specific FY2024 numeric guidance provided; targets $1B revenue by 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579733/000095017024027586/0000950170-24-027586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579733/000095017024027586/vitl-20240307.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-027586

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer