Vital Farms Withdraws 2030 Targets and Provides 2026 Financial Outlook
Vital Farms (VITL) has updated its long-term guidance by withdrawing its previously stated 2030 targets. The company provided a forward-looking outlook for 2026, projecting net sales of approximately $730 million and an adjusted EBITDA loss of roughly $15 million. In its third quarter report, the company noted that net revenue reached $182.2 million, representing a 10% increase from the second quarter. Despite this quarterly growth, management's revised long-term projections suggest a shift in the company's scaling and profitability timeline.
Tickers: $VITL
Topics: management commentary quarterly earnings revenue growth