Vital Farms, Inc. Updates Financial Guidance for the Fiscal Year 2023
September 19, 2023 at 09:00 am
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Vital Farms, Inc. updated financial guidance for the fiscal year 2023. For the full fiscal year 2023, management continues to expect net revenue of more than $465 million, which still anticipates higher net revenue growth rates and gross margin in the first half of year than in the second half of the year.
Vital Farms, Inc. offers a range of ethically produced foods nationwide. The Company is a national consumer brand that works with over 300 family farms and is a United States brand of pasture-raised eggs. The Company focuses on the humane treatment of farm animals and sustainable farming practices. Its products, including shell eggs, butter, hard-boiled eggs, and liquid whole eggs, are sold in over 24,000 stores nationwide. The Company packages, markets and distributes shell eggs, butter, and other products. The retail varieties of its shell eggs are based on supplemental feed type, egg size, and pack size. Its egg packaging consists primarily of corrugated boxes and egg cartons. The Company offers unsalted and sea-salted varieties of its butter in two-stick and four-stick packs. The Companyâs products are principally sold under the name Vital Farms in addition to other trade names, primarily to retail and foodservice channels in the United States.
VITAL FARMS, INC. 
