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home / news releases / vita coco co business could beat fy24 guidance

COCO - Vita Coco Co.: Business Could Beat FY24 Guidance

The Vita Coco Company Inc.

2024-05-22 09:28:59 ET

Summary

  • 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.

Investment action

For further details see:

Vita Coco Co.: Business Could Beat FY24 Guidance
Stock Information
Company Name: The Vita Coco Company Inc.
Stock Symbol: COCO
Market: NASDAQ
Website: thevitacococompany.com
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