Vital Farms sets $2B revenue target by 2030; updates FY2025 guidance to $755-765M

Vital Farms, Inc.

Long-term target: $2B net revenue by 2030 with 15-17% adjusted EBITDA margin.
FY2025 net revenue guidance revised to $755-765M, reflecting temporary ERP disruption; adjusted EBITDA unchanged at >$115M.
Initial FY2026 net revenue outlook of $930-950M, representing ~24% YoY growth at midpoint.
New processing facility Vital Crossroads (VXR) in Seymour, IN expected operational in 2027.
Expects gross margin of 35+% between 2025 and 2030.

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