68-year-old started 'about 50 businesses,' then 'stopped trying to get rich'—and built a $450 million egg company
Publishing timestamp: 2023-10-04 11:44:36
Summary
The article discusses the success of Vital Farms, the nation's largest producer of pasture-raised eggs. The company works with family farms and has seen significant revenue growth. The founder, Matt O'Hayer, started the company with a deeper purpose of raising hens in a more humane environment and teaching other farmers to do the same. Despite facing challenges and lawsuits, Vital Farms has expanded its customer base and aims to bring in over $1 billion in annual net revenue by 2027.
Sentiment: POSITIVE
Tickers: VITL,
Keywords: food and drink, john mackey, whole foods market, vital farms inc,
Source: https://www.cnbc.com/2023/10/04/vital-farms-founder-how-i-built-a-450-million-egg-company.html