Why Vital Farms Shares Are Rising After Q4 Earnings



Vital Farms, Inc. (NASDAQ:VITL) shares are trading higher on Thursday.

The company reported fourth-quarter earnings per share of $0.17, beating the Wall Street view of $0.09.

Quarterly revenue of $135.81 million beat the analyst consensus of $131.839 million. Net revenue increased 23.4% year over year.

Net revenue growth in the fourth quarter of 2023 was driven by higher prices and volume gains of 11.6%.

Vital reported fourth-quarter adjusted EBITDA of $13.9 million, compared …

Full story available on Benzinga.com


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