COCO News and Press, The Vita Coco Company Inc. From 08/02/23

2023-08-02 07:15:44 ET Vita Coco press release ( NASDAQ: COCO ): Q2 GAAP EPS of $0.31 beats by $0.13 . Revenue of $139.65M (+21.1% Y/Y) beats by $9.47M . FY2023 Outlook : Expect net sales growth of approximately 10-12% compared to fiscal year 2022; Gro...

Second Quarter Net Sales Increased 21% to $140MM ; Year-To-Date Net Sales grew 18% Second Quarter Gross Margin of 37% , an Improvement of Over 1100 Basis Points Over 2022 Company Raises Full Year Net Sales, Gross Margin and Adjusted EBITDA Guidance ...

NEW YORK, July 19, 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 second quarter ended J...

2023-07-19 00:15:41 ET Summary Vita Coco, a leading beverage company, is expected to continue its strong performance due to increased distribution of new products and improved margins from lower ocean freight costs. The company, which has a 50% market share in the US coconut water...

2023-07-12 08:42:33 ET Consumer prices rose 3.0% in June in comparison to last year to cool off from the 4.0% pace in May. Core CPI was up 4.8% year-over-year and was up 0.2% on a month-to-month basis to miss the consensus estimate of +0.3%. Overall, food prices were up 5.7% in June fro...

2023-06-26 09:38:39 ET Summary Two new Breakout Stocks for Week 26 with better than 10% short-term upside, ETF updates and two Dow 30 Picks. Average cumulative returns for 2023 are down to +101.9% YTD. Last week was the worst week in 2023 for breakout picks and first week since Fe...

No Passport Needed: Vita Coco Spiked with Captain Morgan is Bringing the Tropics to U.S. Cities All Summer Long, from the Concrete Jungle of NYC to the Southern Coast of California - with just the Crack of a Can PR Newswire Captain Morgan and Vita Coco Tap Tropical Superstars ...

NEW YORK, June 12, 2023 (GLOBE NEWSWIRE) -- Make the most of long summer days this season with The Vita Coco Company, Inc. (NASDAQ: COCO) and Bluestone Lane ’s new Coconut Water Cold Brew, available exclusively at Bluestone Lane cafés and coffee shops nationwide starting Monda...

2023-06-01 23:07:53 ET Summary I maintain a Buy recommendation due to Vita Coco's strong earnings, growth potential, and healthy demand for its products despite a weak consumer spending environment. The company's gross margins improved significantly, and there is potential for fur...

2023-05-26 08:36:33 ET Summary 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. Still largely a single product company which le...