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Village Farms International (VFF)
NASDAQ:VFF
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.03Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: -2.90%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth, strong Canadian cannabis market positioning, and successful international expansion, particularly in the Netherlands. However, challenges such as a substantial inventory impairment and potential tariff impacts on fresh produce were noted.Company Guidance
During the Village Farms International Fourth Quarter and Year-End 2024 Financial Results Conference Call, the company reported significant financial metrics and future guidance. Total fourth-quarter revenues increased by 11% year-over-year to $83 million, with full-year revenues rising by 18% to $336 million. The Canadian cannabis segment saw a 31% increase in net sales, with a notable 120 basis point gain in national market share for Dried Flower categories. The company emphasized its strategic focus on profitable sales growth, moving away from low-margin businesses, and highlighted the launch of the Super Toast vapes, which quickly became the #6 ranked vape offering nationally. Despite a $10.5 million non-cash inventory write-down, adjusted EBITDA for Canadian cannabis excluding this impact was positive, with gross margins returning to the 30% to 40% target range. International cannabis exports soared by 113% year-over-year, with plans to triple international medicinal export sales in 2025. The company also announced Phase 2 expansion in the Netherlands, set to quadruple production, with a favorable market outlook due to zero restrictions on vertical integration and better pricing compared to Canada. Village Farms aims to capitalize on growth opportunities in 2025, leveraging operational efficiencies and international expansion to drive profitable growth.Strong Revenue Growth
Total fourth quarter revenues of $83 million increased 11% year-over-year. Full year revenues increased 18% year-over-year to $336 million.
Canadian Cannabis Market Leadership
Total net sales in Canadian cannabis for 2024 grew 31%. Village Farms held the #3 market share position overall in Canada and was the second fastest growing LP organically during 2024.
Successful International Expansion
Q4 exports to international medical markets were up 113% year-over-year. The company expects to at least triple international medicinal export sales in 2025.
Netherlands Market Entry
Commenced sales in the Dutch recreational market in February, and initial feedback from coffee shops has been positive. The company is expanding production capabilities in the Netherlands.
Innovative Product Launches
The launch of Super Toast all-in-one vapes quickly became the #6 ranked vape offerings nationally and #2 in Ontario over the past three months.
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VFF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $0.69 | $0.67 | -2.90% |
| Nov 07, 2024 | $0.80 | $0.89 | +11.25% |
| Aug 08, 2024 | $0.98 | $1.02 | +4.08% |
| May 08, 2024 | $1.20 | $1.26 | +5.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Village Farms International (VFF) report earnings?
Village Farms International (VFF) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Village Farms International (VFF) earnings time?
Village Farms International (VFF) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VFF EPS forecast?
VFF EPS forecast for the fiscal quarter 2025 (Q1) is -0.02.
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