COCO - Vita Coco GAAP EPS of -$0.06 misses by $0.01 revenue of $86.58M beats by $8.27M

Vita Coco press release (NASDAQ:COCO): Q4 GAAP EPS of -$0.06 misses by $0.01. Revenue of $86.58M (+24.5% Y/Y) beats by $8.27M. FY22 Outlook: Expect net sales in the range of $440-455 million vs consensus of $426.98M representing a growth of approximately of 16-20% compared to fiscal year 2021. Anticipate further pressure on gross margin driven by continued elevated transportation costs, partially offset by increased net pricing and efficiency initiatives. Forecast Adjusted EBITDA in the range of $32-36 million Shares +4.96% PM.

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Vita Coco GAAP EPS of -$0.06 misses by $0.01, revenue of $86.58M beats by $8.27M