Trade Vital Farms Inc - VITL CFD

Vital Farms, Inc. Company profile

About Vital Farms, Inc.

Vital Farms, Inc. is a food company. The Company produces approximately six pasture-raised products sourced from animals raised on small family farms, which include shell eggs, butter, hard-boiled eggs, ghee, liquid whole eggs and egg bites. The Company packages, markets and distributes a range of products, including pasture-raised shell eggs, pasture-raised butter and other products. These products are sold under the trade names Vital Farms, Alfresco Farms, Lucky Ladies and RedHill Farms, primarily to retail foodservice channels in the United States. The Company sources its pasture-raised products from a network of family farms. The Company’s subsidiaries include Vital Farms Missouri, LLC, Backyard Eggs, LLC, Barn Door Farms, LLC and Sagebrush Foodservice, LLC.

Financial summary

BRIEF: For the fiscal year ended 26 December 2021, Vital Farms, Inc. revenues increased 22% to $260.9M. Net income decreased 72% to $2.4M. Revenues reflect Eggs segment increase of 22% to $240M, Retail Sales-Egg and Egg-related product increase of 22% to $240M. Net income was offset by Merchandise Margins - Total - % decrease of 9% to 32%, Shipping and distribution increase of 68% to $25M (expense).