Vital Farms reported a third-quarter loss of $6.5 million, or 15 cents per share. Analysts surveyed by Zacks Investment Research had expected a loss of 13 cents per share. The Austin, Texas-based company posted revenue of $182.2 million, just short of the $182.3 million analysts forecast.

Vital Farms Q3 earnings call highlights. November 3, 2026 Key points. * Third-quarter results improved sequentially but declined year over year: Revenue was $182.2 million, down 8.4% from a year earlier, while gross margin recovered to 23.1% and adjusted EBITDA improved to a $1.5 million loss from a $26.6 million loss in Q2. * Supply-control measures supported the margin recovery. Volume sent to breaker and wholesale channels fell 59% from Q2, while cost-cutting actions are expected to reduce annualized SG&A by $6 million to $7 million. * Vital Farms lowered its full-year outlook to approximately $730 million in sales and a $15 million adjusted EBITDA loss, citing weaker seasonal demand, delayed distribution gains and less favorable conventional egg pricing. The company also paused major capacity spending and withdrew its 2030 financial targets. * Interested in Vital Farms? Here are five stocks we like better. Vital Farms NASDAQ: VITL reported third-quarter results that improved sequentially from the prior quarter but declined from a year earlier, as the specialty egg producer continued to adjust supply and lowered its full-year outlook amid softer-than-expected seasonal demand. The company reported third-quarter net revenue of $182.2 million, up 10% from the second quarter but down $16.8 million, or 8.4%, from the year-ago period. Chief Financial Officer Thilo Wrede said the year-over-year decline primarily reflected $14.3 million of lower price and mix and $2.2 million of lower volume excluding breaker and wholesale channels. Gross profit was $42.1 million, representing a gross margin of 23.1%, an improvement of more than 16 percentage points from the second quarter. Adjusted EBITDA was $1.5 million, compared with a $26.6 million adjusted EBITDA loss in the prior quarter. Supply actions support sequential margin recovery. Executive Chairperson, President and CEO Russell Diez-Canseco said the company's recovery from the second quarter was supported primarily by changes to farmer contracts that gave Vital Farms more control over supply. The amendments have been implemented, and the volume sent to breaker and wholesale channels declined 59% from the second quarter. Diez-Canseco described the reduction in those channels as the largest contributor to the company's margin recovery. Wrede said breaker volume represented about an $8 million impact to EBITDA in the third quarter, compared with a $21 million impact in the second quarter. He said the company expects to make further progress managing excess supply, although some excess volume is still expected to be sold through breaker and wholesale channels in the fourth quarter. Vital Farms also said it completed efficiency actions announced in May and July that are expected to reduce its annualized SG&A run rate by approximately $6 million to $7 million. Third-quarter SG&A expense was $38.1 million, down $6.3 million, or 14%, from the prior-year period. Discover more Dividend Screener Tool Track Stock Market Invest in Stocks Shipping and distribution expense increased to $11.7 million from $9.2 million a year earlier, driven primarily by higher fuel rates and unfavorable line-haul rates. Company lowers full-year sales and EBITDA outlook. Vital Farms reduced its full-year net-sales outlook to about $730 million, from a prior range of $775 million to $800 million. The company also lowered its adjusted EBITDA outlook to about a $15 million loss, compared with prior guidance for adjusted EBITDA ranging from breakeven to a $10 million gain. Management cited three factors behind the lower fourth-quarter expectations: * Demand has not shown the normal seasonal build into the holiday period, with retailers buying closer to immediate needs rather than building inventory ahead of Thanksgiving. * Some recently secured distribution reached store shelves several weeks later than expected, reducing the number of selling weeks in the quarter. * The company no longer assumes conventional egg prices will rise seasonally into the holidays, which would ordinarily narrow the price gap between Vital Farms products and conventional eggs. For the fourth quarter, Vital Farms expects shell egg distribution to remain above 175 total distribution points, or TDPs, in Circana MULO+ data. The company expects fourth-quarter unit velocity of approximately 25.9 equivalent units per store per week per item, compared with 25.3 in the third quarter. Dollar velocity is expected to decline to approximately $200 per store per week per item from roughly $205 in the third quarter, reflecting increased promotional activity and slower initial turns at newer distribution points. Vital Farms also expects to generate $3 million to $4 million in butter net sales during the fourth quarter as it sells its remaining bulk and finished-goods butter inventory. Wrede said butter is margin dilutive and that exiting the business by year-end could support margin improvement in 2027. Pricing view shifts toward private-label competition. Diez-Canseco said the company believes its performance this year has been affected largely by households that tried Vital Farms products when avian influenza compressed price differences across the egg aisle in 2024 and 2025, then returned to lower-priced private-label products as egg supply normalized. Store-brand egg prices have returned to approximately $2 per dozen, according to management, and Vital Farms said its price premium relative to other outdoor-access brands is now near where it stood in the third quarter of 2023, the last period management characterized as a fully supplied market. "Our pricing is actually not excessively high," Diez-Canseco said during the question-and-answer session. He said the company now believes that most of the lost volume came from light buyers returning to private-label offerings rather than customers switching to branded competitors. As a result, the company said its pricing approach is no longer centered on narrowing gaps with branded competitors. Instead, management said promotions will be used selectively to encourage product trial rather than broadly to drive short-term volume. Despite the softer comparison with 2025, Diez-Canseco said the company's third-quarter revenue was about 65% above third-quarter 2023 levels, while velocities were approximately unchanged despite nearly 60% more distribution points. Vital Farms ended the third quarter with a record 7.2% dollar share and 2.3% volume share of shell eggs in Circana MULO+ data. Capacity spending paused; long-term targets withdrawn. The company ended the quarter with $84 million in cash and $117.6 million of outstanding debt. Capital expenditures totaled $14.3 million in the third quarter and $51.7 million year to date. At its Vital Crossroads facility, Vital Farms has largely completed work needed to enclose the building and plans to pause construction after completing the frame, walls and roof. Full-year capital spending guidance remains $70 million to $75 million, down from the $140 million to $150 million projected in February. Diez-Canseco said the company's existing Egg Central Station facility is operating with high uptime and fill rates following the addition of a third production line. He said the facility has a run-rate capacity of roughly $1 billion in net revenue, though additional capacity would likely be needed before the company reaches that annualized level because of seasonality and distribution timing. Vital Farms also withdrew its 2030 financial targets, saying it intends to focus on near-term execution, margin expansion and profitability before revisiting longer-term targets. The company is additionally conducting a limited test of a free-range egg product, which management said could address a larger portion of the egg market, though it does not expect the pilot to materially affect 2027 results. About Vital Farms (NASDAQ:VITL). Vital Farms, Inc is a food company that produces and markets pasture-raised eggs and other ethically sourced food products. Its offerings include pasture-raised eggs, butter, hard-boiled eggs and ghee, sold under the Vital Farms brand. Founded in 2007, the company works with a network of family farms and focuses on animal welfare, outdoor access and supply-chain transparency. Vital Farms products are distributed primarily through grocery retailers and other food channels across the United States. Vital Farms is headquartered in Austin, Texas. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Vital Farms, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vital Farms wasn't on the list. While Vital Farms currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public. Continue following MarketBeat

Vital Farms (VITL) reports earnings tomorrow: what to expect. November 01, 2026 at 22:20 PM EST i This article is third-party content and does not represent the views of this site. Tamar Securities, LLC make no guarantees regarding its accuracy or completeness. Egg and butter company Vital Farms (NASDAQ: VITL) will be reporting earnings this Tuesday before market open. Here's what investors should know. Vital Farms beat analysts' revenue expectations last quarter, reporting revenues of $166 million, down 10.1% year on year. It was a satisfactory quarter for the company, with full-year EBITDA guidance exceeding analysts' expectations but a significant miss of analysts' EBITDA estimates. This quarter, the market is expecting Vital Farms's revenue to decline 8.4% year on year, a reversal from the 37.2% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Vital Farms has missed Wall Street's revenue estimates multiple times over the last two years. Looking at Vital Farms's peers in the consumer staples segment, some have already reported their Q3 results, giving Tamar Securities, LLC a hint as to what Tamar Securities, LLC can expect. Pilgrim's Pride's revenues decreased 2.2% year on year, missing analysts' expectations by 0.8%, and Cal-Maine reported a revenue decline of 41.5%, falling short of estimates by 3.9%. Pilgrim's Pride traded up 4.7% following the results while Cal-Maine was down 4%. There has been positive sentiment among investors in the consumer staples segment, with share prices up 6.3% on average over the last month. Vital Farms is down 6.2% during the same time and is heading into earnings with an average analyst price target of $12.22 (compared to the current share price of $8.68). ALSO WORTH WATCHING: Nvidia's Quiet Partner. Nvidia's chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don't make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE. Report this content If you believe this article contains misleading, harmful, or spam content, please let Tamar Securities, LLC know.