Vital Farms eyes best day ever on upbeat outlook, revenue beat

Vital Farms

10/03/2022 18:45

** Food retailer's shares  VITL.O  up 10% at $13.31 in
afternoon trade; on course for their biggest one-day pct gain
since co's public listing, if gains hold 
    ** Co sees FY22 revenue of over $340 mln, above Street
estimates of $323.4 mln, benefiting from robust demand and a
resilient supply chain  urn:newsml:reuters.com:*:nASA033ZD
    ** Co reports Q4 revenue $77.4 mln vs analysts estimates of
$71.6 mln - Refinitiv data 
    ** Three of seven brokerages rate the stock "buy" or higher,
four "hold"; their median PT is $22
    ** Including session gains, shares are down ~26.3% YTD

 (Reporting by Manya Saini in Bengaluru)
 ((Manya.Saini@thomsonreuters.com;))