COCO News and Press, The Vita Coco Company Inc. From 04/12/23

2023-04-12 08:54:34 ET While the overall food index in the latest CPI report was unchanged sequentially as food away from home prices continued to inflate, the food at home index fell for the first time since September 2020. The index slid 0.3% sequentially, led by a 1.4% de...

2023-04-10 09:05:04 ET Summary 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. Operating in an under-penetrated and fast-growing market, I expect COCO to benefit from its strong suppl...

NEW YORK, April 05, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”) today announced the release of its second annual Impact Report. The report, which is entitled Cultivating Change; Growing Good: Our 2022 Impac...

2023-04-05 09:31:28 ET Craig Hallum analyst Eric Des Lauriers started coverage of Vita Coco ( NASDAQ: COCO ) at Buy on Wednesday given a strong supply chain and positive dynamics for the coconut water category. “Through first mover advantage the company has cornered the c...

2023-03-09 20:57:34 ET Summary The Vita Coco Company reported its Q4 earnings highlighted by rebounding margins and strong guidance for the year ahead. Coconut water as a health beverage category continues to outpace alternatives with Vita Coco benefiting as the market share leade...

2023-03-08 13:17:18 ET The Vita Coco Company, Inc. (COCO) Q4 2022 Earnings Conference Call March 8, 2023 8:30 a.m. ET Company Participants Mike Kirban - Co-Founder and Executive Chairman Martin Roper - CEO Rowena Ricalde - Interim CFO Corey Baker - Incoming C...

2023-03-08 10:00:54 ET The following slide deck was published by The Vita Coco Company, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: The Vita Coco Company, Inc. 2022 Q4 - Results - Earnings Call Presentation

2023-03-08 08:35:01 ET Vita Coco Company ( NASDAQ: COCO ) dropped in early trading on Wednesday after the company reported a surprise EPS loss for Q4. While sales were up 6% to $92M for the New York-based beverage player, gross profit came in lower than a year ago on a p...

2023-03-08 07:05:34 ET Vita Coco press release ( NASDAQ: COCO ): Q4 GAAP EPS of -$0.05 misses by $0.09 . Revenue of $91.99M (+6.2% Y/Y) beats by $1.11M . Adjusted EBITDA was $4 million FY23 Outlook: Expect net sales growth of approximately of 9-11%...

Full Year Net Sales Increased 13% to $428 million Driven by Vita Coco Coconut Water Growth of 18% Full Year Net Income of $8 million and Full Year Non-GAAP Adjusted EBITDA 1 of $20 million Consistent with Guidance For Fiscal Ye...