Vital Farms, Inc. (VITL) experienced a pre-market soar of 5.67% on Thursday, driven by the company's strong fourth-quarter results that surpassed analyst expectations.
The company reported a Q4 revenue of $165.989 million, exceeding the consensus estimate of $160.3 million. Additionally, Vital Farms achieved an adjusted EBITDA of $19.1 million, outperforming the expected $15 million.
The impressive financial performance suggests that Vital Farms' strategic initiatives and efforts to meet consumer demand for ethically sourced, high-quality products have been successful, fueling investor confidence and optimism in the company's future prospects.
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