Vital Farms, Inc. (VITL)
NASDAQ:VITL
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.37Last Year’s EPS
0.36Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but cautious outlook: solid top-line volume-driven growth and meaningful retail distribution wins are positives, supported by no debt and active cost and capital management. However, near-term profitability is under material pressure — Q1 showed a large gross margin and adjusted EBITDA decline, the company is incurring an estimated $32M of supply-management costs (concentrated in Q2), lowering full-year revenue and EBITDA guidance, pausing growth capital projects and implementing headcount reductions. Management spells out a clear remediation plan and a path to margin recovery in 2027, but the short-term operational and margin setbacks are significant.Company Guidance
Top-line Growth
Net revenue of $187.2M in Q1 2026, a 15.4% increase year-over-year driven by volume-related increases of $34.7M (partially offset by a $9.7M price/mix decline).
Distribution Momentum and Retail Wins
Secured meaningful retail placements: at least a 50% TDP increase with a top-3 customer, direct distribution with a top-10 customer, assigned category captain role with a banner of another top-3 customer; company expects to add 20–30 TDPs (15%–25%) in 2026 and end Q1 at 149.8 PDPs (versus 144.8 in Q4 2025 and 115.8 in Q1 2025).
Category Growth Opportunity
Outdoor access eggs continue to gain share: category grew from ~8% of volume in 2023 to ~15% YTD 2026; year-to-date outdoor access volume +32% vs mainstream eggs +4%, supporting long-term secular demand thesis.
Actions Taken to Preserve Cash and Capital Flexibility
Reduced 2026 CapEx guidance to $70–75M by slowing Vital Crossroads (VXR) build and pausing accelerator farm builds, cutting projected 2026 CapEx by ~ $75M while maintaining ability to reaccelerate when needed.
Cost and Supply Management Initiatives Underway
Multiple cost actions initiated: right-sizing supply via voluntary farmer contract amendments, adjusted staffing at Egg Central Station expected to eliminate ~ $4M in annual costs, and a recent reduction of ~10% of remote/non-ECS headcount to capture savings.
Profitability Roadmap and Margin Targets
Company expects gross margin to recover to ~30% by late Q4 2026 and targets a return to double-digit adjusted EBITDA margin in 2027 (assuming new targeted price levels hold).
Balance Sheet and Capital Allocation
No debt outstanding at quarter end, cash and marketable securities of $51.4M, repurchased >1M shares for $20M with $80M remaining authorization; intends to fund 2026 negative free cash flow with existing cash, investments and revolver if needed.
Strategic Product Portfolio Decision
Decided to exit butter business: will free up an estimated $25M in cash in 2026, reduce sales by ~$14M in 2026, and improve gross margin by ~150–200 bps starting 2027 to refocus capital and management on core egg business.
VITL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VITL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $12.00 | $9.52 | -20.67% |
Feb 26, 2026 | $24.79 | $22.11 | -10.81% |
Nov 04, 2025 | $32.18 | $37.37 | +16.13% |
Aug 07, 2025 | $37.30 | $43.86 | +17.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vital Farms, Inc. (VITL) report earnings?
Vital Farms, Inc. (VITL) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Vital Farms, Inc. (VITL) earnings time?
Vital Farms, Inc. (VITL) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is VITL EPS forecast?
VITL EPS forecast for the fiscal quarter 2026 (Q2) is -0.37.