In an August 7^th release, Vital Farms Inc. (VITL), a Certified B Corporation posted financial results for the 2^nd quarter of FY2025. This specialty egg producer competes directly with Eggland’s Best and other producers and distributors of USDA Certified Organic and pasture-raised products including Pete and Gerry’s, Hidden Valley and the combination of the Happy Egg with Egg Innovations. The Company experiences the same pressures of increased cost of feed, contractor remuneration, labor and transport as competitors in a specialty market environment restrained by a limited clientele for higher priced eggs.

For the 2^nd Quarter of FY 2025 ending June 29^th 2021, net income was $16.6 million on revenue of $184.7 million with a diluted EPS of $0.36.  Comparable figures for the 2^nd quarter of fiscal 2024 ending June 24^th were net income of $16.3 million on revenue of $147.3 million with a diluted EPS of $0.36.

Sales increased 25.4 percent over the 2^nd quarter of 2024. Gross margin was 38.8 percent for the most recent quarter (39.1 percent Q2 2024) Operating margin was 12.9 percent compared to 11.6 percent in Q2 2024.   

In commenting on results, Russell Diez-Canseco, Vital Farms’ President and CEO stated “We delivered second quarter results that exceeded our initial expectations, demonstrating the overall strength of our business model and expanding year-over-year consumer awareness of our strong brand"

He added "Our crew continues to successfully execute our supply chain expansion strategy, hitting several critical milestones since our last earnings call. These include an increase of 50 farms in the quarter to more 500 family farms with 9 million hens under contract, redesigning and breaking ground on our Seymour facility to bring additional production capacity online in 2027, continuing the installation of a third production line in Springeld for scheduled completion in the fourth quarter this year. These critical initiatives, combined with the successful implementation of our strategic pricing actions and our continued strong brand loyalty, have enabled us to raise our full-year revenue guidance.

Diez-Canseco concluded “As we continue to build America's most trusted food company, our commitment to ethical food production and sustainable growth remains unwavering, and we believe we're well-positioned to achieve our $1 billion revenue target by 2027."

The Company increased guidance for FY 2025 with revenue of $770 million and an adjusted EBITDA of $110 million and capital expenditure of $90 to $110 million.

On June 29^th 2025, VITL posted assets of $430.7 million of which $13.2 million comprised intangibles against long-term debt and lease obligations of $10.1 million. The Company had an intraday market capitalization of $2,022 million on August 7^tth. VITL trades with a forward P/E of 208 and has ranged over a 52-week period from $29.91 to $46.21 with a 50-day moving average of $36.22.  Twelve-month trailing operating margin was 12.9 percent and profit margin 7.8 percent.  Return on assets over the past twelve months was 11.2 percent with 18.8 percent on equity. At close of trading on August 6^th pre-release, VITL was priced at $37.95. At market open, post-release on August 8^th VITL traded at $43.86, subsequently closing at weeks end at $45.45.

Approximately 33 percent of VITL equity is held by insiders with 90 percent held by institutions. As of July 15^th 27 percent of the float was short.