Vital Farms, Inc 8-K/A, filed Nov 3, 2026
Vital Farms, Inc. (VITL)
About this 8-K/A
Vital Farms, Inc filed this 8-K/A on November 3, 2026, reporting on events of May 1, 2026.
Vital Farms expects $8.0 million to $13.0 million of non-cash inventory obsolescence charges from winding down butter offerings, substantially completed by the end of fiscal 2026; no material other costs or future cash expenditures are expected. AI summary
Items reported
- Item 2.05: Exit or restructuring costs
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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EXPLANATORY NOTE
At the time of filing the Original Report, the Company was unable in good faith to make a determination of an estimate or range of estimates required by Item 2.05 of Form 8-K for the plan described in the Original Report. The Company is filing this Amendment to provide such estimates now that they are reasonably estimable.
Except as described below, all other information in the Original Report remains unchanged, and this Amendment should be read in conjunction with the Original Report.
Item 2.05 Costs Associated with Exit or Disposal Activities
As previously disclosed in the Original Report, on May 1, 2026, management of the Company elected to wind down and discontinue its butter product offerings to focus on its core egg product categories, with such discontinuation expected to be substantially completed by the end of fiscal 2026.
On October 30, 2026, management of the Company determined in good faith that the Company expects to incur costs and charges associated with the wind-down that are now reasonably estimable, as follows:
Description |
Estimated Range |
Cash / Non-Cash |
Expected Timing |
Inventory Obsolescence |
$8.0 million to $13.0 million |
Non-cash charges |
By the end of fiscal 2026 |
TOTAL |
$8.0 million to $13.0 million |
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Inventory obsolescence includes write-downs of finished goods butter, bulk butter and packaging. The range noted above includes the $7.8 million of inventory obsolescence the Company recognized in the 13-week period ended June 28, 2026. The Company does not expect to incur material costs other than non-cash charges related to inventory obsolescence. The Company does not expect these charges to result in future cash expenditures.
The Company may also incur additional costs not currently contemplated due to events that may occur as a result of, or that are associated with, the wind-down of its butter business.
Forward-Looking Statements
This Amendment contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Amendment that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding the scope, expected costs, timing and financial impacts of the planned wind-down of the Company’s butter products.
These forward-looking statements are based on the Company’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including the Company’s ability to execute the discontinuation as currently planned, changes in the timing or scope of the discontinuation, operational or commercial developments that affect the wind-down process, the impact on relationships with consumers, customers, suppliers and other third parties, and other risks described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this Amendment. Except as required by law, the Company does not undertake to update any forward-looking statements or information, including those contained in this Amendment.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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Exhibit No. |
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Description |
104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Vital Farms, Inc. |
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Dated: November 3, 2026 |
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By: |
/s/ Thilo Wrede |
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Thilo Wrede |
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Chief Financial Officer |