Vital Farms(US:VITL)2025-11-04 13:30Financial Performance - Net revenue for Q3 2025 increased by 37.2% to $198.9 million compared to $145.0 million in Q3 2024 [49] - Gross profit increased by 40.2% to $75.0 million in Q3 2025 [46, 51] - Gross margin increased to 37.7% in Q3 2025 from 36.9% in Q3 2024 [46, 51] - Adjusted EBITDA increased by 79.7% to $27.4 million in Q3 2025 [46] - Adjusted EBITDA margin was 13.8% in Q3 2025, compared to 10.5% in Q3 2024 [46] - Net income increased by 120.5% to $16.4 million in Q3 2025 [46] Future Targets and Guidance - The company is aiming to deliver $1 billion in net sales by 2027 [29] - The company updated 2025 guidance includes net revenue of at least $775 million and adjusted EBITDA of at least $115 million [53] Operational Metrics - Shell egg household penetration is growing [33, 34] - The company's products are in more than 23,500 retail stores [26]