NASDAQ$VITL
Vital Farms Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported record net revenue and increased capacity across farmer network.
Vital Farms reported a record net revenue of $60.3 million for Q2 2021, representing a 1.7% increase compared to the same period last year. The company's net income for the quarter was $3.9 million. Vital Farms is reaffirming guidance for net revenue between $246 to $253 million for the full year 2021.
- Net Revenue increased 1.7% to $60.3 million.
- Net Income of $3.9 million.
- Adjusted EBITDA of $5.1 million.
- Household penetration grew to over 5.5 million households and retail distribution grew to over 17,250 stores.
Headline financials
Revenue & EPS history
Vital Farms · Revenue · Quarterly
$60.3M
Forward guidance
Vital Farms is reaffirming its full year 2021 guidance, expecting net revenue between $246 million and $253 million, representing an increase of 15-18% compared to 2020. Adjusted EBITDA is expected to be in the range of $7 million to $9 million for the full year 2021.
Tailwinds
- Reaffirming net revenue guidance of $246 to $253 million for full year 2021, an increase of 15-18% compared to 2020.
- Reaffirming Adjusted EBITDA guidance of $7 to $9 million for full year 2021.
- Continued growth in egg-related sales driven by increased household penetration.
- New distribution gains at both new and existing retail partners.
- No additional significant disruptions to the supply chain, customers, or consumers are expected.
Headwinds
- Guidance assumes no additional significant disruptions to the supply chain.
- Guidance assumes no issues from adverse macroeconomic factors.
- Inability to provide a reconciliation between forecasted Adjusted EBITDA and net revenue metrics without unreasonable effort due to the unavailability of reliable estimates for certain items.
- These items are not within our control and may vary greatly between periods.
- These items could significantly impact future financial results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-1.7%
Avg return
Earnings day
-1.7%
Avg return
5 days after
+0.4%
Avg return
30 days after
41%
12 / 29 earnings
Positive
+21.7%
Q1 2024
Best reaction
-20.8%
Q1 2027
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -20.8% | -28.2% | -16.3% | |
| Q4 2025 | -10.9% | -18.1% | -47.0% | |
| Q3 2025 | +16.6% | +7.8% | -2.2% | |
| Q1 2025 | -9.3% | -4.9% | -14.0% | |
| Q4 2024 | -9.1% | -8.1% | -12.3% | |
| Q3 2024 | -16.2% | -22.9% | -3.9% | |
| Q2 2024 | -12.2% | -12.0% | -15.7% | |
| Q1 2024 | +21.7% | +23.7% | +39.9% | |
| Q4 2023 | +7.9% | +10.5% | +33.8% | |
| Q3 2023 | +2.7% | +5.9% | +22.6% | |
| Q2 2023 | +17.6% | +15.6% | +12.5% | |
| Q1 2023 | +18.6% | +20.4% | +13.2% | |
| Q4 2022 | +1.0% | -3.9% | -5.1% | |
| Q3 2022 | +4.3% | +11.5% | +13.4% | |
| Q2 2022 | +12.3% | +15.1% | +5.3% | |
| Q1 2022 | +0.1% | -14.0% | -22.6% | |
| Q4 2021 | -6.9% | -0.3% | +5.2% | |
| Q3 2021 | +13.6% | +16.7% | +6.5% | |
| Q2 2021 | +2.5% | +2.5% | -4.7% | |
| Q1 2021 | -3.2% | +1.1% | +7.3% | |
| Q1 2020 | -3.2% | +1.1% | +7.3% | |
| Q4 2020 | -14.1% | -20.5% | +2.6% | |
| Q4 2018 | -14.1% | -20.5% | +2.6% | |
| Q3 2020 | -14.7% | -15.7% | -26.3% | |
| Q3 2019 | -14.7% | -15.7% | -26.3% | |
| Q2 2020 | -4.8% | +1.2% | +9.3% | |
| Q4 2019 | -4.8% | +1.2% | +9.3% | |
| Q2 2019 | -4.8% | +1.2% | +9.3% | |
| Q1 2019 | -4.8% | +1.2% | +9.3% |
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