VITL - Vital Farms Inc. (VITL) Q4 2023 Earnings Call Transcript
2024-03-07 15:27:07 ET
Vital Farms, Inc. (VITL)
Q4 2023 Earnings Conference Call
March 7, 2024 08:30 AM ET
Company Participants
Anna Kate Heller - IR
Russell Diez-Canseco - President and CEO
Thilo Wrede - CFO
Kathryn McKeon - CMO
Conference Call Participants
Brian Holland - D.A. Davidson
Adam Samuelson - Goldman Sachs
Matt Smith - Stifel
Jacob Henry - TD Cowen
Robert Dickerson - Jefferies
Matthew McGinley - Needham
Ben Klieve - Lake Street Capital Markets
Presentation
Operator
Good day and thank you for standing by. Welcome to the Vital Farms' Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Anna Kate Heller, Investor Relations. Please go ahead.
Anna Kate Heller
Thank you. Good morning and welcome to Vital Farms' third quarter and fiscal 2023 earnings conference call and webcast. I'm joined on today's call by Russell Diez-Canseco, President and Chief Executive Officer; Thilo Wrede, Chief Financial Officer; and Kathryn McKeon, Chief Marketing Officer.
By now, everyone should have access to the company's fourth quarter and fiscal year 2023 earnings press release issued this morning. This is available on the Investor Relations section of Vital Farms website, investors.vitalfarms.com.
Through the course of this call, management may make forward-looking statements within the meaning of the Federal Securities laws. These statements are based on management's current expectations and beliefs and involve risks and uncertainties that could cause actual result to differ materially from those described in these forward-looking statements.
Please refer to today's press release into the company's annual report on Form 10-K for the fiscal year ended December 31st, 2023 filed with the SEC today, and other filings with the SEC for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today.
Please note that on today's call, management will refer to adjusted EBITDA and adjusted EBITDA margin, which are non-GAAP financial measures. While the company believes these non-GAAP financial measures provide useful information for investors, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP....
Vital Farms, Inc. (VITL) Q4 2023 Earnings Call Transcript