Vital Farms Q2 net revenue down 10.1% to $166M, net loss $31.1M; secures $185M credit facilities

Vital Farms, Inc.

• Net revenue $166.0M, down 10.1% YoY; net loss $31.1M vs net income $16.6M in prior year.
• Adjusted EBITDA loss $26.6M; includes $24.8M in pre-tax expenses from excess breaker sales, feed cost program.
• Entered $60M revolver and $125M term loan, replacing prior $60M facility; stock repurchase program cancelled.
• Amendment to 2024 credit facility waived default for Q2 2026 Fixed Charge Coverage Ratio breach.
• Reiterates FY2026 net revenue outlook $775M-$800M and adjusted EBITDA $0M-$10M.