Vital Farms: A Healthier Future
VITLVital Farms(VITL) Seeking Alpha·2024-01-07 22:50

I Sonja Filitz In the spring of last year, I called Vital Farms (NASDAQ:VITL) a long term secular growth play, one which has seen quite some pressure on its shares. Such pressure observed in the share price, in combination with continued sales growth, has narrowed sales multiple amidst rather non-existing margins, although some progress was anticipated on this front in 2023. Given the continued growth and potential for margin expansion, I was gradually warming up to shares of Vital in their mid-teens. While ...