earnings
confidence high
sentiment positive
materiality 0.85
Vital Farms reports FY2024 revenue $606.3M (+28.5%); guides FY2025 $740M rev, $100M Adj. EBITDA
Vital Farms, Inc.
2024-FY EPS reported
$1.18
revenue$606,307,000
- FY2024 net revenue $606.3M (+28.5% YoY); net income $53.4M (+108.8%); diluted EPS $1.18 vs $0.59.
- Q4 net revenue $166.0M (+22.2% reported, +30% like-for-like); net income $10.6M (+46.8%); EPS $0.23.
- Gross margin expanded 352bps to 37.9% for FY, 280bps to 36.1% for Q4.
- FY2025 guidance: net revenue ~$740M, adjusted EBITDA ~$100M; on track for $1B by 2027.
- Added ~125 family farms in 2024; total >425; CEO cites HPAI supply constraints but expects H2 acceleration.