VITL - Vital Farms GAAP EPS of $0.04 misses by $0.01 revenue of $110.08M beats by $9.81M

2023-03-09 07:22:57 ET

• Vital Farms press release ( NASDAQ: VITL ): Q4 GAAP EPS of $0.04 misses by $0.01 .
• Revenue of $110.08M (+42.2% Y/Y) beats by $9.81M .
• Adjusted EBITDA was $6.9 million, or 6.2% of net revenue, in the fourth quarter of 2022, compared to Adjusted EBITDA of $(2.0) million in the fourth quarter of 2021.
• 2023 Guidance:
• For the full fiscal year 2023, management is providing guidance for net revenue of more than $450 million vs consensus of  $440.76M.
• Management is also providing guidance for Adjusted EBITDA of more than $30 million for the full fiscal year 2023.
• Finally, management expects fiscal year 2023 capital expenditures in the range of $25 to $30 million.

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