Shares of egg and butter company Vital Farms (VITL) jumped 7.2% in the morning session after the company announced strong growth projections for 2025 and beyond, driven by planned investments in expanding its supply chain and farm network. The company plans to install new production equipment at its Egg Central Station and add a second egg washing and packing facility in Indiana, expected to contribute over $350 million in additional revenue once operational. These decisions are geared toward meeting growing consumer demand and improving the company's leadership in the pasture-raised egg market.
Vital Farms’s shares are somewhat volatile and have had 14 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The biggest move we wrote about over the last year was 8 months ago when the stock gained 27.2% on the news that the company reported a "beat and raise" quarter. Vital Farms blew past analysts' revenue and EPS expectations. It raised its full-year guidance, showing that things are going better for the company than just three months prior when it previously gave financial guidance. Zooming out, we think this was a fantastic quarter that should have shareholders cheering.
Vital Farms is up 10.5% since the beginning of the year, and at $42.94 per share, it is trading close to its 52-week high of $46.77 from June 2024. Investors who bought $1,000 worth of Vital Farms’s shares at the IPO in July 2020 would now be looking at an investment worth $1,217.
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