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Second Quarter Net Sales Increased +13% to $115 million; For The First Six Months, Net Sales grew +19% Gross Margin of 25% Represents a Sequential Improvement of Over 500 Basis Points from the First Quarter Company Reaffirms Previously Communicated Net Sales and Adjusted...
The Vita Coco Company has done really well recently, thanks to improved sales and sentiment surrounding the company's situation. Vita Coco is still struggling from a profitability perspective and guidance for the year is far from excellent. In all, COCO stock looks overpriced at t...
Vita Coco ( NASDAQ: COCO ) announced that Kevin Benmoussa, current CFO, Treasurer, principal financial officer and principal accounting officer, has resigned from all roles at the Company, effective Aug. 31, 2022. The company appointed Rowena Ricalde, current VP, Global Ac...
NEW YORK, July 22, 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 first quarter en...
Zevia is a maker of naturally sweetened beverages, an area of exciting growth in an otherwise stale industry. The company has been able to make stevia, the most popular sugar substitute, almost synonymous with its name. But the business is loss-making and with very high operating ...
VitaCoco ( NASDAQ: COCO ) shares were fueled higher on Friday by a fresh upgrade at Bank of America that suggested transportation costs are coming under control. In a note to clients on Friday, equity analyst Bryan Spillane explained that the company is well position...
DALLAS, July 08, 2022 (GLOBE NEWSWIRE) -- Leading coconut water brand Vita Coco (NASDAQ: COCO) is helping consumers beat the heat this summer with the World’s Biggest Coconut roadside experience popping up in Dallas from Friday, July 22 until Sunday, July 24. The colossal coc...
Beverage sales data is being watched carefully into the Q2 earnings season with some analysts warning that consumers may be showing the first signs of tightening. The non-alcoholic beverage category is not seeing that pushback just yet, with sales gains reported for Coca-Cola ( NY...
Diageo ( NYSE: DEO ) and The Vita Coco ( NASDAQ: COCO ) announced their collaboration to launch a line of premium canned cocktails crafted with a delicious blend of Captain Morgan rum and refreshing-tasting Vita Coco coconut water. "As we continue exp...
The Vita Coco's (NASDAQ:COCO) CFO Kevin Benmoussa will depart the company to pursue an expanded finance and executive role outside of the beverage industry. Benmoussa will remain at company until August, 31, 2022. He joined the company in 2018. The company will conduct a formal...
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Net Sales Increased 3% to $144 million with Vita Coco Coconut Water Growth of 4% Net Income Increased $1 million to $19 million and Non-GAAP Adjusted EBITDA 1 Increased $8 million to $32 million Circana US scan data MULO+C, Vita Coco Coco...
NEW YORK, July 17, 2024 (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...
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