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Recap: Vital Farms Q2 Earnings

Benzinga2021-08-10

Shares of Vital Farms (NASDAQ:VITL) remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share were down 43.75% year over year to $0.09, which beat the estimate of ($0.01).

Revenue of $60,324,000 rose by 1.66% year over year, which beat the estimate of $58,900,000.

Guidance

The upcoming fiscal year's revenue expected to be between $246,000,000 and $253,000,000.

Conference Call Details

Date: Aug 10, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/bw3ur4ce

Technicals

52-week high: $42.50

Company's 52-week low was at $16.02

Price action over last quarter: down 11.33%

Company Overview

Vital Farms Inc is an ethical food company. The company retails pasture-raised eggs and butter. Its products include Pasture-Raised Eggs and Pasture-Raised Butter & Ghee.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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