Vital Farms Q4 revenue $77.4M (+43.4% YoY); FY2022 outlook 30% growth

Vital Farms, Inc.

Q4 net revenue $77.4M (+43.4% YoY); net loss $3.6M vs loss $0.8M a year ago.
FY2021 net revenue $260.9M (+21.8% YoY); net income $2.4M; adjusted EBITDA $8.0M.
Household penetration up 15% sequentially to over 6.4 million households.
FY2022 guidance: net revenue growth of 30% (implies ~$339M).
Q4 gross margin 25.6% vs 32.6% a year ago due to input cost inflation.

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