earnings
confidence high
sentiment neutral
materiality 0.65
Vital Farms Q2 net revenue record $60.3M; net income falls to $3.9M from $6.0M YoY
Vital Farms, Inc.
2021-Q2 EPS reported
$0.17
revenue$118,869,000
- Record net revenue of $60.3M (+1.7% YoY); two-year CAGR of 36.7% excluding COVID-19 pantry loading impact.
- Net income of $3.9M ($0.09 diluted EPS) vs $6.0M ($0.16) in Q2 2020.
- Adjusted EBITDA $5.1M vs $9.3M; decline driven by public company costs, higher freight, and marketing investments.
- Household penetration exceeded 5.5M, retail distribution over 17,250 stores, farmer network >225 family farms.
- Egg Central Station expansion on track for mid-2022 completion.