Vital Farms Q3 revenue beats; raises 2025 net revenue guidance to at least $775 mln

Vital Farms

04/11/2025 12:28

Overview

Vital Farms Q3 2025 revenue grows 37.2% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 2025 beats estimates, driven by higher sales and gross margin

Company added ~75 family farms, expanding network to 575 farms

Outlook

Vital Farms raises 2025 net revenue guidance to at least $775 mln

Company increases 2025 adjusted EBITDA guidance to at least $115 mln

Capital expenditures for 2025 expected between $80 mln and $100 mln

Result Drivers

VOLUME GROWTH - Driven by accelerated demand for existing products and expanded offerings at existing customers

FARM NETWORK EXPANSION - Added ~75 family farms, expanding network to 575 farms

OPERATIONAL IMPROVEMENTS - New ERP system and third production line added, enhancing scalability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$198.94 mln
$191.72 mln (10 Analysts)
Q3 EPS
$0.36
Q3 Net Income
$16.41 mln
Q3 Adjusted EBITDA
Beat
$27.40 mln
$24.19 mln (9 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "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 $52.50, about 38.7% above its November 3 closing price of $32.18

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nBw9fvZ0na

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(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.)