Vital Farms, Inc. Re-Affirms Earnings Guidance for the Year of 2022
November 03, 2022 at 07:20 am EDT
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Vital Farms, Inc. Re-affirmed earnings guidance for the year of 2022. For the year, the company re-affirmed net revenue of more than $340 million, a projected increase of 30% compared to fiscal year 2021.
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.