Management is also providing guidance for Adjusted EBITDA of more than $30 million for the full fiscal year 2023. Finally, management expects fiscal year 2023 capital expenditures in the range of $25 to $30 million. Bo Meissner, Vital Farms’ Chief Financial Officer, commented: "We are pleased with our financial performance and ongoing demand for our products. It has been a privilege serving as CFO of Vital Farms. As I prepare to step away from the company later this year, I would like to reiterate my confidence that Vital Farms is well positioned to further its progress toward its long-term top line objectives as well as its profitability goal of low double-digit Adjusted EBITDA Margin."
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