{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-056279","form_type":"8-K","ticker":"VITL","cik":"0001579733","company_name":"Vital Farms, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.057437+00:00","generated_at":"2026-06-02T05:58:20.667339+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Vital Farms Q1 net revenue $147.9M (+24% YoY); raises FY2024 outlook; plans new Indiana facility","bullets":["Net revenue $147.9M (record), up 24.1% YoY; net income $19.0M vs $7.2M, diluted EPS $0.43 vs $0.16.","Gross margin expanded 400 bps to 39.8% vs 35.8%; Adjusted EBITDA $29.1M vs $13.9M.","Raises fiscal year 2024 outlook citing strong Q1 momentum and improved visibility.","Signed agreement to acquire land in southern Indiana for new egg washing/packing facility; targets at least $1B annual net revenue by 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-056279","json":"https://secwatch.observer/filing/0000950170-24-056279.json","markdown":"https://secwatch.observer/filing/0000950170-24-056279.md","text":"https://secwatch.observer/filing/0000950170-24-056279.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579733/000095017024056279/0000950170-24-056279-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579733/000095017024056279/vitl-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:58:20.667339+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8c32e7bb986e2c96ad9ceccf4bc1095a2415b033","claim":"Vital Farms, Inc. reported first quarter ended March 31, 2024 results: revenue $147.9 million, net income $19.0 million, EPS $0.43. Guidance raised.","evidence_excerpt":"Vital Farms Reports First Quarter 2024 Financial Results Record First Quarter Net Revenue of $147.9 million, up 24.1% versus Prior Year Period Raises Fiscal Year 2024 Outlook","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579733/000095017024056279/0000950170-24-056279-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$147.9 million"},{"label":"Net income","value":"$19.0 million"},{"label":"EPS","value":"$0.43"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}