NASDAQ$VITL

Vital Farms Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported record net revenue and increased fiscal year revenue outlook.

Vital Farms reported a 21.1% increase in net revenue to $64.6 million for the third quarter of 2021. However, the company experienced a net loss of $1.3 million, compared to a net income of $1.7 million in the prior year period. The company raised its fiscal year revenue outlook, reflecting confidence in sustaining strong momentum across the business.

  • Net Revenue increased 21.1% to $64.6 million.
  • Network of family farms expanded to over 250.
  • Retail distribution expanded to over 18,000 stores.
  • Over 5.5 million households continue to trust Vital Farms' pasture-raised eggs.

Headline financials

Total Revenue

$64.6M

Previous: $53.4M+21.1%
EPS (adj)

-$0.03

Previous: $0.04-175.0%
Capital Expenditures

-$14.2M

Previous: -$6.73M-110.9%
Free Cash Flow

-$15.5M

Previous: -$5.05M-207.1%
Net Income

-$1.32M

Previous: $1.68M-178.8%
Operating Income

-$1.81M

Previous: $2.41M-174.8%
Gross Profit

$19.8M

Previous: $18.4M+8.1%
Cash & Equivalents

$27.8M

Previous: $113M-75.3%
Total Assets

$187M

Previous: $178M+5.3%
Stock-Based Comp

$1.2M

Previous: $737K+62.6%

Revenue & EPS history

Vital Farms · Revenue · Quarterly

$64.6M

Q3 2021+21.1%vs Q3 2020
Beat estimate in 8 of 10 quarters(80%)
ActualEstimate

Forward guidance

Vital Farms expects net revenue between $253 to $256 million for the full year 2021, an increase of 18-19% compared to 2020. Adjusted EBITDA is anticipated to be in the range of $8 to $9 million for the full year 2021.

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 Q3 2021

Historical avgQ3 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

Earnings price reactions
QuarterReport dateReaction (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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