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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...
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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...
2024-06-30 15:10:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...