In a press release dated September 10th 2020, Vital Farms, (VITL) a Certified B Corporation announced results for the 2nd Quarter of Fiscal 2020 ending June 28th 2020.
The following table summarizes the results for the period compared with the values for the corresponding quarter of the previous fiscal year (Values expressed as $ x 1,000 except EPS)
|
2nd Quarter Ending
|
June 28th 2020
|
June 30th 2019
|
Difference (%)
|
|
Revenue:
|
$59,341
|
$32,285
|
+83.8
|
|
Gross profit:
|
$22,698
|
$11,000
|
+106.3
|
|
Operating income:
|
$9,062
|
$3,909
|
+131.8
|
|
Net Income
|
$5,694
|
$2,799
|
+113.1
|
|
Diluted earnings per share:
|
$0.16
|
$0.08
|
+100.0
|
|
Gross Margin (%)
|
38.3
|
34.1
|
+12.3
|
|
Operating Margin (%)
|
15.3
|
12.1
|
+26.5
|
|
Profit Margin (%)
|
10.0
|
8.7
|
+14.9
|
|
Long-term Debt and leases:
|
$8,880
|
$3,693
|
+140.5
|
|
12 Months Trailing:
|
|
Return on Assets
|
N/A
|
|
Return on Equity
|
N/A
|
|
Operating Margin
|
1.3
|
|
Profit Margin
|
0.8
|
|
Total Assets
|
$77,937
|
$61,948
|
+25.8
|
|
Market Capitalization
|
$1,440,000
|
Range in Share Price since Aug 4th IPO: $34.04 to $43.03
50-Day moving average $37.53
Market Close: 15th $36.63
Forward P/E: 357