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

Celsius Holdings

Monster Beverage

From refreshing carbonated soft drinks to healthy alternatives, the thirst-quenching market captivates investors seeking potential opportunities, and rightfully so. Soft Drink and Beverage companies have demonstrated that they can be some of the highest performing stocks in the market.

3 Top-Ranked Beverage Stocks with Epic Returns

Vita Coco Company, Inc. (COCO) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Vita Coco Company, Inc. (COCO) is on the Move, Here's Why the Trend Could be Sustainable

Double-digit sales growth and strong margin recovery in Q1 2023. Positioned to benefit from positive industry prospects and opportunities to expand addressable market. Little meaningful competition.

Vita Coco: Good Prospects For Coconut Water Market Leader

Coca-Cola Bottling

Keurig Dr Pepper Inc

Coca-Cola

PepsiCo

Soft drink stocks are up more than 21% this year as investors bank on earnings and market share growth. The post Soft Drink Stocks, Up 20% In 2023, Punch Higher As Investors Take 'Flight To Safety' appeared first on Investor's Business Daily.

Soft Drink Stocks, Up 20% In 2023, Punch Higher As Investors Take 'Flight To Safety'

Summer has never tasted better than with Vita Coco's new refreshing cocktails, now on The Hamptons hot spot menus Summer has never tasted better than with Vita Coco's new refreshing cocktails, now on The Hamptons hot spot menus

Vita Coco is Shaking Up The Hamptons This Summer

The Vita Coco Co. Inc.'s COCO, +7.04% stock fell 2% in premarket trade Wednesday, after the maker of coconut water upsized and priced a secondary offering by shareholder Verlinvest Beverages SA. The shareholder sold 5 million shares priced at $23 each, up from original plans to offer 4.5 million shares.

Vita Coco upsizes secondary offering to 5 million shares from 4.5 million, prices at a discount of $23 each

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (Nasdaq: COCO) (“Vita Coco Company”), a leading high-growth platform of better-for-you beverage brands, today announced the upsizing and pricing of an underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $23.00 per share, before deducting underwriting discounts and commissions, all of which are being sold by an existing stockholder, Verlinvest Beverages SA (the “Selling Stockholder”). The offering was upsized from the previously announced 4,500,000 shares of common stock. In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. No shares of common stock are being sold by the Vita Coco Company. The Selling Stockholder will receive all of the proceeds from the offering. The offering is expected to close on May 26, 2023, subject to the satisfaction of customary closing conditions.

The Vita Coco Company, Inc. Announces Upsizing and Pricing of Secondary Offering of Common Stock by Selling Stockholder

Intuitive Surgical

Novo Nordisk

Shockwave Medical

Stryker

Because of their longevity, predictability, and stability, healthcare trends can persist for years. The companies covered today are fundamentally and technically robust stocks currently taking advantage of these trends.

3 Healthcare Trends to Ride for Longevity

National Beverage

The Soft-Drink and Beverage industry can be an incredibly lucrative one to invest in. Many millionaires have been minted from beverage giants such as Coca-Cola KO, and Monster Beverage MNST, which both have incredibly robust business models, and tremendous stock returns.

3 Top-Ranked Beverage Stocks to Buy Now

NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (Nasdaq: COCO) (“Vita Coco Company”), a leading high-growth platform of better-for-you beverage brands, today announced that an existing stockholder, Verlinvest Beverages SA (the “Selling Stockholder”), intends to offer for sale in an underwritten offering 4,500,000 shares of common stock of the Vita Coco Company pursuant to a registration statement on Form S-3 filed by the Vita Coco Company with the Securities and Exchange Commission (the “SEC”). In addition, the Selling Stockholder expects to grant the underwriters a 30-day option to purchase up to 675,000 additional shares at the public offering price less underwriting discounts and commissions. No shares of common stock are being sold by the Vita Coco Company. The Selling Stockholder will receive all of the proceeds from the offering.

The Vita Coco Company, Inc. Announces Secondary Offering of Common Stock by Selling Stockholder

If you are looking for stocks that are well positioned to maintain their recent uptrend, Vita Coco Company, Inc. (COCO) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Recent Price Trend in Vita Coco Company, Inc. (COCO) is Your Friend, Here's Why

The Vita Coco Company, Inc. (NASDAQ:COCO ) Q1 2023 Earnings Conference Call May 3, 2023 8:30 AM ET Company Participants Clay Crumbliss - ICR Michael Kirban - Co-Founder, Executive Chairman & President Martin Roper - CEO & Director Corey Baker - CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Christian Junquera - Bank of America Merrill Lynch Michael Lavery - Piper Sandler & Co. Eric Des Lauriers - Craig-Hallum Christopher Carey - Wells Fargo Securities Jon Andersen - William Blair & Company Robert Ottenstein - Evercore ISI Operator Good day, and thank you for standing by. Welcome to the Vita Coco Company First Quarter 2023 Earnings Call.

The Vita Coco Company, Inc. (COCO) Q1 2023 Earnings Call Transcript

Vita Coco Company, Inc. (COCO) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.04 per share a year ago.

Vita Coco Company, Inc. (COCO) Surpasses Q1 Earnings and Revenue Estimates

First Quarter Net Sales Increased 14% to $110 million Driven by Vita Coco Coconut Water Growth of 17% on Strong Mid-teens Volume Growth

The Vita Coco Company Reports First Quarter 2023 Financial Results

Vita Coco Company, Inc. (COCO) Is a Great Choice for 'Trend' Investors, Here's Why

Coty

Travelzoo

COTY, TZOO and COCO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 24, 2023.

Best Momentum Stock to Buy for April 24th

Does Vita Coco Company, Inc. (COCO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Vita Coco Company, Inc. (COCO) is a Great Choice

Vita Coco is matching coconut seedlings planted by visitors in new virtual experience Vita Coco is matching coconut seedlings planted by visitors in new virtual experience

You Can Grow Coconut Trees and Harvest Coconuts with Vita Coco's New Experience “The Coconut Grove” on Roblox

Vita Coco Company, Inc. (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.

All You Need to Know About Vita Coco Company, Inc. (COCO) Rating Upgrade to Strong Buy

Buzzfeed

Graphic Packaging Hld

Lamb Weston Hlds

STMicroelectronics NV ADR RegS

BZFD, COCO, LW, GPK and STM have been added to the Zacks Rank #1 (Strong Buy) List on April 13, 2023.

New Strong Buy Stocks for April 13th

Lantheus Holdings

Buy the leaders sell the laggards, right?

2 Top Ranked Stocks with Strong Momentum

Vita Coco expands reforestation efforts with commitment to distributing and planting up to 10 million seedlings and trees across the globe by 2030 Vita Coco expands reforestation efforts with commitment to distributing and planting up to 10 million seedlings and trees across the globe by 2030

Vita Coco Proudly Announces “Seedlings for Sustainability” Initiative with Partners the Arbor Day Foundation, HOPE and Silvermill Foundation

Coconut water has been all the rage over the past several years, but the fact is this nutritious beverage has been around for centuries. Coconut water is a clear liquid found inside young coconuts that is packed with flavor and electrolytes.

Coconut Water Craze: Beverage Company Breaks Out

Vita Coco is the leading producer of coconut water. The company is operating since 2004 and has more than 50% of the market share in the U.S.

Vita Coco: Moats And Tailwinds To Drive A Secular Growth Story

Vita Coco Company, Inc. (COCO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

News for Vita Coco Stock (COCO)