Vital Farms Q4 revenue slightly misses estimates; sets $100 mln stock buyback

Vital Farms

26/02/2026 12:24

Overview

Ethically produced foods firm's Q4 revenue rose 28.7% yr/yr, slightly missing analyst expectations

Adjusted EBITDA for Q4 missed analyst estimates

Company authorized $100 mln stock repurchase program

Outlook

Vital Farms expects fiscal 2026 net revenue of $900 mln to $920 mln

Company projects fiscal 2026 adjusted EBITDA of $105 mln to $115 mln

Vital Farms plans fiscal 2026 capital expenditures of $140 mln to $150 mln

Result Drivers

SUPPLY CHAIN EXPANSION - Vital Farms scaled its supply chain and expanded its farmer network to meet demand, reducing previous supply constraints, per CEO Russell Diez-Canseco

VOLUME AND PRICE/MIX GROWTH - Q4 revenue growth driven by $27.2 mln in volume-related growth and $20.4 mln from price/mix benefits

INVESTMENTS IN OPERATIONS - Gross margin decreased slightly due to increased operational costs as part of scaling efforts, partially offset by price/mix benefits

Company press release: ID:nBw4xLLNna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$213.55 mln
$214.44 mln (11 Analysts)
Q4 Net Income
$16.32 mln
Q4 Adjusted EBITDA
Miss
$29.20 mln
$30.35 mln (11 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "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 $48.00, about 93.6% above its February 25 closing price of $24.79

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 21 three months ago

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.)