Vital Farms, Inc. (VITL) CEO Russell Diez-Canseco on Q3 2021 Results - Earnings Call Transcript

Nov. 09, 2021 10:48 AM ETVital Farms, Inc. (VITL) StockVITL
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Q3: 2021-11-09 Earnings Summary

EPS of -$0.03 beats by $0.03
 | Revenue of $64.63M (21.10% Y/Y) beats by $954.17K

Vital Farms, Inc. (NASDAQ:VITL) Q3 2021 Earnings Conference Call November 9, 2021 8:30 AM ET

Company Participants

Matt Siler - VP, IR
Russell Diez-Canseco - President & CEO
Bo Meissner - CFO

Conference Call Participants

Pamela Kaufman - Morgan Stanley
Adam Samuelson - Goldman Sachs
Matt Fishbein - Jefferies
Jacob Nivasch - Credit Suisse
Matthew Smith - Stifel, Nicolaus
Ken Zaslow - Bank of Montreal

Operator

Good day and thank you for standing by and welcome to Vital Farms Third Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today’s conference is being recorded. [Operator Instructions]. I would now like to hand the conference over to your host today, Matt Siler. You may begin.

Matt Siler

Thank you. Good morning and welcome to the Vital Farms Third Quarter 2021 Earnings Conference Call and Webcast. I am pleased to be joined on today's call by Russell Diez-Canseco, President and Chief Executive Officer and Bo Meissner, Chief Financial Officer.

By now, everyone should have access to the company's third-quarter 2021 earnings press release issued this morning. This is available on the Investor Relations section of Vital Farms website at investors.vitalfarms.com. Through the course of this call, management may make forward-looking statements within the meaning of the Federal Securities Laws. These statements are based on management's current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those described in these forward-looking statements.

Please refer to today's press release and to the company's quarterly report on Form 10-Q for the fiscal quarter ended September 26, 2021, which was filed with the SEC earlier today and other filings with the SEC for a detailed discussion of the

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