Vita Coco

The Vita Coco Co., Inc. produces, supplies and distributes coconut water. The firm offers coconut water, sparkling water, coconut milk, and oil products. It carries out its operations through its Americas and International segments. The Americas segment consists of the marketing and distribution of coconut and non-coconut water products in the US and Canada. The International segment includes the company's procurement arm and derives its revenues from the marketing and distribution of coconut water and non-coconut water products in Europe, the Middle East, and Asia Pacific. Its brands include Vita Coco, Runa, and Ever & Ever. The company was founded by Michael Kirban and Ira Liran in 2004 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Vita Coco reports 13% sales growth, eyes expansion and brand visibility

Vita Coco's strong performance in 2022 driven by Coconut Water sales and strategic market position
Challenges include slower volume in Q4 and private label weakness, offset by growth opportunities in new products and demographics
Executives confident in long-term potential, emphasizing brand strength and balance sheet solidity
Focus on improving margins, expanding product lines, and driving brand visibility for sustained growth

Vita Coco reports strong Q1 performance, eyes mid-teens growth

Vita Coco's Q1 performance showcased growth in sales and margins, driven by strategic initiatives and market positioning. While facing challenges in supply chain stability and pricing dynamics, the company remains optimistic about growth opportunities through investments and innovation.

Vita Coco (COCO) reports robust Q2 growth and eyes margin improvement

Vita Coco (COCO) reported strong Q2 2023 performance with 21% net sales growth and improved gross margins.
The company faces challenges in ACV for new products and pricing strategy optimization but sees opportunities in expanding distribution and branded growth initiatives.
Overall, Vita Coco remains confident in its long-term potential, aiming for improved margins and EBITDA in 2024.
Investors should monitor the company's progress in addressing challenges and capitalizing on growth opportunities for sustained performance.

Vita Coco reports robust Q3 growth and strategic brand expansion

Vita Coco's Q3 performance reflects strong sales growth, improved margins, and positive revenue outlook, underpinned by successful marketing initiatives and brand expansion efforts.
While challenges like undisclosed innovations and pricing strategies exist, opportunities in cost efficiencies, market expansion, and product innovation present avenues for sustained growth.
The company's focus on coconut water growth, brand initiatives, and profitability enhancements position it well for future success and strategic market positioning.
With a solid financial foundation and flexibility for capital use, Vita Coco is poised to navigate challenges and leverage opportunities for continued growth and market leadership.

Vita Coco reports record 2023 performance amidst market challenges

Vita Coco's strong 2023 performance, marked by record net sales growth and improved margins, positions the company for continued success.
Challenges such as moderating category growth and scrutiny on key financial metrics require strategic responses and operational agility.
Strategic strengths in market leadership, customer relationships, and growth initiatives align with opportunities for expansion and brand enhancement.
With a focus on cost management, market share growth, and international expansion, Vita Coco aims to navigate challenges and capitalize on opportunities for sustained growth.

Vita Coco reports strong Q1 growth and boosts full-year guidance

Vita Coco's Q1 performance reflects growth in key markets and strategic investments.
Despite challenges with transit times and shipping, the company is optimistic about future growth.
Opportunities in new product categories and global expansion are key focus areas for Vita Coco.
The company's increased guidance and strong financial results signal a positive outlook.

Vita Coco reports 3% sales growth in Q2 amidst freight challenges

Vita Coco's Q2 performance reflects growth in key segments despite challenges from inventory delays and ocean freight market volatility. The company remains focused on long-term growth strategies, confident in its brand's potential and optimistic about international market leadership in the Coconut Water category.

Vita Coco reports resilient Q3 performance, focuses on growth strategies

Vita Coco's Q3 earnings call showcased resilience amidst challenges, with a focus on growth strategies, inventory management, and cost control. The company's performance in retail sales and international markets, coupled with strategic initiatives and positive outlook, position it for continued success in the beverage industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced that the Company will participate in the 4th Annual Evercore ISI Consumer and Retail Conference on June 12, 2024. The conference will be held virtually.

The Vita Coco Company to Participate in the 4th Annual Evercore ISI Consumer and Retail Conference

Vita Coco stock is recommended as a buy due to expected growth acceleration and margin expansion. The company reported earnings growth of 1.8% and beat gross margin expectations. Management raised FY24 net sales guidance and gross margin guidance, indicating potential for strong growth and profitability.

Vita Coco Co.: Business Could Beat FY24 Guidance

Here is how Vita Coco Company, Inc. (COCO) and Carlsberg AS (CABGY) have performed compared to their sector so far this year.

Is Vita Coco Company (COCO) Outperforming Other Consumer Staples Stocks This Year?

e.l.f. Beauty

Walmart

The soft CPI print in April had plenty to do with weaker-than-expected growth in retail sales. Compared to March figures, retail sales in April remained unchanged, dropping 3% on a year-over-year (YOY) basis.

Wall Street Favorites: 3 Consumer Stocks With Strong Buy Ratings for May 2024

Minerals Technologies

Powell Industries

SkyWest

Tenet Healthcare

SKYW, POWL, MTX, COCO and THC are five stocks with explosive relative price strength.

5 Strong Picks to Ride the Wave of Relative Price Strength

Vita Coco Company (COCO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Vita Coco Company (COCO) Upgraded to Strong Buy: Here's What You Should Know

First Quarter Net Sales Increased 2% to $112 million With Vita Coco Coconut Water Growth of 1%

The Vita Coco Company Reports First Quarter 2024 Financial Results

Colgate-Palmolive

Grocery Outlet

Lifeway Foods

Pilgrim's Pride

Consumer staple stocks like Colgate-Palmolive Company (CL), Grocery Outlet Holding Corp. (GO), Pilgrim's Pride Corporation (PPC), Lifeway Foods, Inc. (LWAY) and The Vita Coco Company, Inc. (COCO) are a safe choice amid rising inflation.

5 Consumer Staples Stocks to Buy as Inflation Remains High

Costamare

Garrett Motion

Photronics

Sturm, Ruger & Company

Steelcase

SharkNinja Inc

“Undervalued stocks” is a relative term — for some, it may mean a tech stock in a temporary dip; for others, it means deep value stock analysis involving obscure and esoteric multiples and calculations. These companies blend the best of undervalued stock objectives.

7 Diamond-in-the-Rough Stocks Worth Digging Up Now

The report covers The Vita Coco Company's Environmental, Social and Governance (ESG) strategy and provides an update on its impact progress during 2023 and into the first quarter of 2024 The report covers The Vita Coco Company's Environmental, Social and Governance (ESG) strategy and provides an update on its impact progress during 2023 and into the first quarter of 2024

The Vita Coco Company Releases Third-Annual Impact Report

The Foundation will focus on empowering communities globally to thrive for future generations The Foundation will focus on empowering communities globally to thrive for future generations

The Vita Coco Company Announces the Formation of The Vita Coco Community Foundation

Digi

Fair Isaac

Gigacloud Tech

UiPath

Finding stocks to buy in today's relatively overvalued and volatile market isn't as easy as it was when initial rate cuts dropped top stocks to bottom-barrel pricing. While many quickly point to tech stocks as the main wealth drivers in today's economy, forward-thinking investors know to seek diversification across industries, geographic locations, size, scale, and more.

Don't Miss the Boat! 7 Stocks That Can Change Your Life by 2030

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the first quarter ended March 31, 2024 on Wednesday, May 1, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day.

The Vita Coco Company to Report First Quarter 2024 Financial Results on May 1, 2024

Keurig Dr Pepper Inc

Coca-Cola

Monster Beverage

PepsiCo

The Beverages - Soft Drinks companies like KO, PEP, MNST, KDP and COCO look strong on robust consumer demand, innovation efforts, expansion into newer categories and digital investments despite inflation pressures.

5 Soft Drink Stocks Set to Sway in a Prospering Industry

Costco

Looking ahead, the future of the U.S. economy appears promising and resilient. The recent wave of inflation, which initially caused concern, seems to have stabilized around the Fed's target of 2%.

Wall Street Favorites: 3 Consumer Stocks With Strong Buy Ratings for April 2024

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Every now and then, we all deserve a little treat, and The Vita Coco Company (NASDAQ: COCO) has just what you need. Its flagship coconut water brand, Vita Coco, is introducing Vita Coco Treats™, a new coconutmilk beverage crafted for those moments when you're in the mood for something light, sweet, and satisfying.

Treat Yourself with New Vita Coco Strawberries & Cream Treats™

Archer-Daniels-Midland Company

Procter & Gamble

Betting on the best consumer stocks to buy in April isn't a pointless endeavor. Consumer stocks have proven to be bastions of stability over time, promising steady portfolio growth along with healthy shareholder rewards.

The 3 Best Consumer Stocks to Buy in April 2024

Vita Coco Company has achieved strong top line growth, driven by volume-driven sales of Vita Coco Coconut Water. Gross margins have significantly expanded, leading to an increase in EBIT margin. While FY24 growth may be subdued due to one-off factors, strong underlying demand and cost reductions are expected to drive future growth and margin expansion.

Vita Coco: Strong Margin Expansion, And I Expect It To Continue Ahead

Finding the best-kept Wall Street secrets is tough because, well, if it were easy, they wouldn't be secrets. Today's top stocks tend to be large-cap tech names with rapid (and arguably unsustainable) growth that frustrates latecomer investors when that momentum slows.

The 3 Best-Kept Secrets on Wall Street to Invest In Now

Celsius Holdings

Target

In the ever-evolving landscape of investing, wagering on the best consumer stocks to buy is critical, particularly when maneuvering through market fluctuations. The allure of consumer stocks lies in their resilience, as these stocks retain demand despite economic headwinds.

The Top 3 Consumer Stocks to Buy in March 2024

Advanced Micro Devices

Microsoft

NVIDIA

PayPal

Rentokil Initial PLC

Tesla

2024 has started in the same manner as 2023. The S&P 500 is rising steadily pulling growth stocks consistently higher, which is leading more investors to seek out stocks predicted to grow.

7 Stocks Analysts Are Predicting Will Grow 30% This Year

AppLovin Corp

Invesco NASDAQ Next Gen 100 ETF

Today we introduce three stocks to watch as the purchasing power of “Next-Gen” consumers, comprised of Gen Z (born 1995-2009) and Gen Alpha (born 2010-2024). Recent research suggests that with over 3.7 billion consumers globally, the Next-Gen cohort has significant buying power.

Stocks to Watch: 3 Up-and-Coming Companies Catering to Next-Gen Consumers

Vita Coco had a good year in 2023, growing its sales and its profits by large amounts. In the past year, it benefited from consumer demand, higher prices, and lower shipping costs.

Here's Why the Vita Coco Company Stock Jumped Today

Vita Coco Company, Inc. (COCO) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.04 per share a year ago.

Vita Coco Company, Inc. (COCO) Beats Q4 Earnings and Revenue Estimates

Full Year Net Sales Increased 15% to $494 million Driven by Vita Coco Coconut Water Growth of 14%

News for Vita Coco Stock (COCO)