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

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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.

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The Vita Coco Company outlines the work of its social and environmental impact programs—including The Vita Coco Project—and provides updates to the Company's ESG efforts, including new transparency features on the brand's website The Vita Coco Company outlines the work of its social and environmental impact programs—including The Vita Coco Project—and provides updates to the Company's ESG efforts, including new transparency features on the brand's website

The Vita Coco Company Releases Second Annual Impact Report

Vita Coco Company, Inc. (COCO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Vita Coco Company, Inc. (COCO) Gain on Rising Earnings Estimates?

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

Vita Coco Company, Inc. (COCO) is a Great Momentum Stock: Should You Buy?

The Vita Coco Company, Inc. (NASDAQ:COCO ) Q4 2022 Earnings Conference Call March 8, 2023 8:30 AM ET Company Participants Mike Kirban - Co-Founder and Executive Chairman Martin Roper - CEO Rowena Ricalde - Interim CFO Corey Baker - Incoming CFO Clay Crumbles - ICR, IR Conference Call Participants Jon Andersen - William Blair Chris Carey - Wells Fargo Kaumil Gajrawala - Credit Suisse Bryan Spillane - Bank of America Michael Lavery - Piper Sandler Gregory Porter - Evercore ISI Operator Hello, and welcome to the Vita Coco Company's fourth quarter 2022 earnings conference call. My name is Catherine.

The Vita Coco Company, Inc. (COCO) Q4 2022 Earnings Call Transcript

Vita Coco Company, Inc. (COCO) delivered earnings and revenue surprises of 0% and 2.04%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Vita Coco Company, Inc. (COCO) Matches Q4 Earnings Estimates

Full Year Net Sales Increased 13% to $428 million Driven by Vita Coco Coconut Water Growth of 18%

The Vita Coco Company Reports Fourth Quarter and Full Year 2022 Financial Results

Corey Baker joins the Company from PepsiCo where he served as SVP, Global Finance Corey Baker joins the Company from PepsiCo where he served as SVP, Global Finance

The Vita Coco Company Names New CFO

NEW YORK, Feb. 22, 2023 (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 fourth quarter ended December 31, 2022 on Wednesday, March 8, 2023 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 Fourth Quarter and Full Year 2022 Financial Results on March 8, 2023

Vita Coco is launching a canned cocktail with Diageo, partnering with DoorDash in a Super Bowl promotion and expanding its non-dairy milk into new coffee shops.

Vita Coco wants its coconut water be your cocktail mixer — and your hangover cure

Consumers nationwide can score free hangover remedies on February 13, National Football Hangover Day Consumers nationwide can score free hangover remedies on February 13, National Football Hangover Day

Vita Coco Delivers Free Hangover Recovery the Monday After the Big Game through The Hangover Shop™ on DoorDash

Diageo

Now available nationwide, the highly anticipated offering from Vita Coco coconut water and Captain Morgan promises to thaw out summer vibes with three ready-to-drink flavors NEW YORK , Feb. 1, 2023 /PRNewswire/ -- Vita Coco and Captain Morgan are serving up summer vibes in a can, and we're here for it. The #1 selling spiced rum brand1 has joined forces with the #1 selling coconut water2 to deliver the most tropical tasting cocktail of the year – Vita Coco Spiked with Captain Morgan.

NEW Vita Coco Spiked with Captain Morgan is Giving Summer Vibes with a Delicious Blend of Rum and Coconut Water

Milk alternative spotlighted in limited-time Coconut Date Shake Latte at Alfred locations in Los Angeles, San Francisco and Austin Milk alternative spotlighted in limited-time Coconut Date Shake Latte at Alfred locations in Los Angeles, San Francisco and Austin

Vita Coco Expands Non-Dairy Coconut Milk Offering Launching Barista MLK Exclusively with Alfred Coffee

NEW YORK, Jan. 05, 2023 (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 be participating in the 25th Annual ICR Conference, to be held January 9 through January 11, 2023 at the Grande Lakes Orlando, in Orlando, Florida.

The Vita Coco Company to Participate in the 25th Annual ICR Conference

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COCO competes in a large and growing market. COCO has a supply chain advantage that is hard to replicate.

Vita Coco: Riding On The Secular Trend For Health Drinks

PepsiCo

Recent innovations in the beverage space have led to massive profit growth.

3 Beverage Innovators to Caffeinate your Watchlist

The Vita Coco Company, Inc. (NASDAQ:COCO ) Q3 2022 Earnings Conference Call November 9, 0000 8:30 AM ET Company Participants Clay Crumbles - ICR Michael Kirban - Co-Founder and Executive Chairman Martin Roper - Chief Executive Officer Rowena Ricalde - Interim Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Christopher Carey - Wells Fargo Michael Lavery - Piper Sandler Bryan Spillane - Bank of America Operator Hello, and welcome to the Vita Coco Company's Third Quarter 2022 Earnings Conference Call. My name is Gigi, and I'll be coordinating your call today.

The Vita Coco Company, Inc. (COCO) Q3 2022 Earnings Call Transcript

Vita Coco Company, Inc. (COCO) delivered earnings and revenue surprises of -13.33% and 1.83%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Vita Coco Company, Inc. (COCO) Lags Q3 Earnings and Revenue Estimates

Net Sales of $124 Million, up 7% from Prior Year Driven by Strong 14% Growth of Vita Coco Coconut Water

The Vita Coco Company Reports Third Quarter 2022 Financial Results

The company has been spending so much on transportation costs which affected the company's margins. The company has mixed financial performance featuring growth in top-line and a decline in bottom-line performance.

Vita Coco: A Lower Price Provides Better Profitability

NEW YORK, Oct. 26, 2022 (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 third quarter ended September 30, 2022 on Wednesday, November 9, 2022 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 Third Quarter 2022 Financial Results on November 9, 2022

New video that illustrates the Vita Coco Project debuts alongside social media campaign to generate support for coconut farming communities in Southeast Asia New video that illustrates the Vita Coco Project debuts alongside social media campaign to generate support for coconut farming communities in Southeast Asia

Vita Coco Partners with Beautiful Destinations to Celebrate Coconut Farming Communities on World Coconut Day

The Vita Coco Company, Inc. (NASDAQ:COCO ) Q2 2022 Earnings Conference Call August 10, 2022 8:30 AM ET Company Participants John Mills - IR, ICR Michael Kirban - Chairman, Co-Founder Martin Roper - CEO Kevin Benmoussa - CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Chris Carey - Wells Fargo Michael Lavery - Piper Sandler Robert Ottenstein - Evercore ISI Brian Stein - Bank of America Operator Thank you and welcome to the Vita Coco Company Second Quarter 2022 Earnings Results Conference Call. Today's call is being recorded.

The Vita Coco Company, Inc. (COCO) CEO Martin Roper on Q2 2022 Results - Earnings Call Transcript

Second Quarter Net Sales Increased +13% to $115 million; For The First Six Months, Net Sales grew +19%

The Vita Coco Company Reports Second Quarter 2022 Financial Results

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News for Vita Coco Stock (COCO)