Vital Farms reports Q2 EPS 15c, consensus 7c

Reports Q2 revenue $106.445M, consensus $105.18M. “Our progress as a brand and as a business thus far in 2023 continues to reinforce my excitement in the long-term potential of our company. Our brand continues to gain new consumers and the business produced another quarter of impressive top-line growth, over 28% with double-digit Adjusted EBITDA Margin again this quarter. Given the strong year-to-date results, we now feel confident increasing our full year Net Revenue and Adjusted EBITDA guidance,” said Russell Diez-Canseco, Vital Farms’ President and CEO.