Egg producer Vital Farms isn't 'playing a short-term game': CEO

Stifel has upgraded shares of Vital Farms (VITL) to a Buy rating from Hold, citing strong growth prospects for the egg producer. Vital Farms CEO Russell Diez-Canseco joins to discuss the company's growth outlook amid this development. Diez-Canseco notes that since the company's IPO debut in 2020, it has "established our path to becoming America's most trusted food company." While mostly known for its eggs, Vital Farms is "bringing it to the market in a very different way than the rest of the industry." Catch up on Yahoo Finance's coverage of diner chain Denny's (DENN) adding an egg surcharge onto your bill in select locations. "We're not playing a short-term game," Diez-Canseco states about the company's operations and growth strategy, adding, "We're building a brand for the long haul, and that resulted in very consistent growth with positive gross margins and profitability since the IPO." Watch the video above to hear how the company is navigating the avian flu outbreak and how it is impacting its business and that of its farmers. Also catch Yahoo Finance's interview with Pete & Gerry’s CEO Tom Flocco where he weighs in on record-high egg prices for US consumers. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith