Vital Farms Raised FY24 Revenue To At Least $590M (From $575M) Vs $585.76M Estimate, Adj. EBITDA To at least $75M From $70M
Portfolio Pulse from Benzinga Newsdesk
Vital Farms has raised its FY24 revenue guidance to at least $590 million, up from $575 million, surpassing the $585.76 million estimate. The company also increased its adjusted EBITDA guidance to at least $75 million from $70 million.
August 08, 2024 | 11:25 am
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Vital Farms has raised its FY24 revenue guidance to at least $590 million, up from $575 million, surpassing the $585.76 million estimate. The company also increased its adjusted EBITDA guidance to at least $75 million from $70 million.
The increase in revenue and adjusted EBITDA guidance indicates strong business performance and growth prospects, which is likely to positively impact the stock price in the short term.
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