Vital Farms Q2 revenue beats estimates

Vital Farms

06/08/2026 12:33

Overview
U.S. pasture-raised egg producer's Q2 revenue fell 10% yr/yr but beat analyst expectations
Adjusted EBITDA loss for Q2 widened and missed analyst estimates
Company announced new $185 mln credit facilities and terminated stock repurchase program

Outlook
Vital Farms sees 2026 net revenue of $775 mln to $800 mln
Company expects 2026 adjusted EBITDA of $0 mln to $10 mln
Capital expenditures for 2026 expected at $70 mln to $75 mln

Result Drivers
INDUSTRY OVERSUPPLY - Co said industry-wide oversupply and sharply lower category pricing drove revenue and margin declines
UNFAVORABLE SALES MIX - Increased sales to breaker and wholesale channels at lower prices reduced gross profit by $19.5 mln
HIGHER INPUT COSTS - Higher input and production costs contributed to lower profitability

Company press release: ID:nBw6Xv3vKa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$166.03 mln
$160.23 mln (9 Analysts)
Q2 Net Loss
 
$31.07 mln
 
Q2 Adjusted EBITDA
Miss
-$26.60 mln
-$20.75 mln (8 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food retail & distribution peer group is "buy."
Wall Street's median 12-month price target for Vital Farms Inc is $12.00, about 2% below its August 5 closing price of $12.24

Reuters Recommended Reads
Aug 3 - Tyson Foods cuts profit forecast as tight US cattle supplies hurt beef business
Aug 5 - Beyond Meat Q2 revenue falls, but beats estimates
Aug 5 - Freshpet Q2 revenue tops estimates; raises 2026 outlook

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)