Vita Coco

The Vita Coco Co., Inc. produces, supplies and distributes coconut water. The firm offers coconut water, sparkling water, coconut milk, and oil products. It carries out its operations through its Americas and International segments. The Americas segment consists of the marketing and distribution of coconut and non-coconut water products in the US and Canada. The International segment includes the company's procurement arm and derives its revenues from the marketing and distribution of coconut water and non-coconut water products in Europe, the Middle East, and Asia Pacific. Its brands include Vita Coco, Runa, and Ever & Ever. The company was founded by Michael Kirban and Ira Liran in 2004 and is headquartered in New York, NY.

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Vita Coco reports 13% sales growth, eyes expansion and brand visibility

Vita Coco's strong performance in 2022 driven by Coconut Water sales and strategic market position
Challenges include slower volume in Q4 and private label weakness, offset by growth opportunities in new products and demographics
Executives confident in long-term potential, emphasizing brand strength and balance sheet solidity
Focus on improving margins, expanding product lines, and driving brand visibility for sustained growth

Vita Coco reports strong Q1 performance, eyes mid-teens growth

Vita Coco's Q1 performance showcased growth in sales and margins, driven by strategic initiatives and market positioning. While facing challenges in supply chain stability and pricing dynamics, the company remains optimistic about growth opportunities through investments and innovation.

Vita Coco (COCO) reports robust Q2 growth and eyes margin improvement

Vita Coco (COCO) reported strong Q2 2023 performance with 21% net sales growth and improved gross margins.
The company faces challenges in ACV for new products and pricing strategy optimization but sees opportunities in expanding distribution and branded growth initiatives.
Overall, Vita Coco remains confident in its long-term potential, aiming for improved margins and EBITDA in 2024.
Investors should monitor the company's progress in addressing challenges and capitalizing on growth opportunities for sustained performance.

Vita Coco reports robust Q3 growth and strategic brand expansion

Vita Coco's Q3 performance reflects strong sales growth, improved margins, and positive revenue outlook, underpinned by successful marketing initiatives and brand expansion efforts.
While challenges like undisclosed innovations and pricing strategies exist, opportunities in cost efficiencies, market expansion, and product innovation present avenues for sustained growth.
The company's focus on coconut water growth, brand initiatives, and profitability enhancements position it well for future success and strategic market positioning.
With a solid financial foundation and flexibility for capital use, Vita Coco is poised to navigate challenges and leverage opportunities for continued growth and market leadership.

Vita Coco reports record 2023 performance amidst market challenges

Vita Coco's strong 2023 performance, marked by record net sales growth and improved margins, positions the company for continued success.
Challenges such as moderating category growth and scrutiny on key financial metrics require strategic responses and operational agility.
Strategic strengths in market leadership, customer relationships, and growth initiatives align with opportunities for expansion and brand enhancement.
With a focus on cost management, market share growth, and international expansion, Vita Coco aims to navigate challenges and capitalize on opportunities for sustained growth.

Vita Coco reports strong Q1 growth and boosts full-year guidance

Vita Coco's Q1 performance reflects growth in key markets and strategic investments.
Despite challenges with transit times and shipping, the company is optimistic about future growth.
Opportunities in new product categories and global expansion are key focus areas for Vita Coco.
The company's increased guidance and strong financial results signal a positive outlook.

Vita Coco reports 3% sales growth in Q2 amidst freight challenges

Vita Coco's Q2 performance reflects growth in key segments despite challenges from inventory delays and ocean freight market volatility. The company remains focused on long-term growth strategies, confident in its brand's potential and optimistic about international market leadership in the Coconut Water category.

Vita Coco reports resilient Q3 performance, focuses on growth strategies

Vita Coco's Q3 earnings call showcased resilience amidst challenges, with a focus on growth strategies, inventory management, and cost control. The company's performance in retail sales and international markets, coupled with strategic initiatives and positive outlook, position it for continued success in the beverage industry.

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Limited-time experience pops up in Bishop Arts District July 22-24 to celebrate Vita Coco's new Coconut Juice Limited-time experience pops up in Bishop Arts District July 22-24 to celebrate Vita Coco's new Coconut Juice

Everything is Bigger in Texas, including The World's Biggest Coconut Experience by Vita Coco

Diageo

A partnership between Vita Coco Co. Inc. and Diageo is the latest addition to the canned cocktail craze that's mixing hard liquor with soft drinks and other beverages.

Vita Coco partners with Diageo amid growing competition in the canned cocktail category

CFO Kevin Benmoussa Intends to Step Down August 31 CFO Kevin Benmoussa Intends to Step Down August 31

The Vita Coco Company Announces CFO Transition

Bossy Cosmetics founder and CEO joins the board as The Vita Coco Company continues to build beverage company of the future Bossy Cosmetics founder and CEO joins the board as The Vita Coco Company continues to build beverage company of the future

The Vita Coco Company Appoints Aishetu Fatima Dozie to Board of Directors

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- Leading coconut water brand Vita Coco  (NASDAQ: COCO) is transporting your tastebuds to the tropics with the launch of its boldest-flavored coconut water yet. Vita Coco Coconut Juice, the brand's first juice offering, is available June 2 right in time for summer sipping.

UPDATE -- Vita Coco Introduces Coconut Juice, its Biggest and Boldest Coconut Water Yet

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- Leading coconut water brand Vita Coco is transporting your tastebuds to the tropics with the launch of its boldest-flavored coconut water yet. Vita Coco Coconut Juice, the brand's first juice offering, is available June 2 right in time for summer sipping.

Vita Coco Introduces Coconut Juice, its Biggest and Boldest Coconut Water Yet

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The Vita Coco Company, Inc. (NASDAQ:COCO ) Q1 2022 Results Conference Call May 11, 2022 5:00 PM ET Company Participants John Mills - Investor Relations, ICR Mike Kirban - Chairman, Co-Founder Martin Roper - Chief Executive Officer Kevin Benmoussa - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Laurent Grandet - Guggenheim Brian Sterling - Bank of America Chris Carey - Wells Fargo Rob Ottenstein - Evercore Jon Andersen - William Blair Operator Hello and welcome to The Vita Coco Company's First Quarter 2022 Earnings Conference Call. My name is Liz and I'll be coordinating your call today.

The Vita Coco Company, Inc. (COCO) CEO Martin Roper on Q1 2022 Results - Earnings Call Transcript

First Quarter Net Sales Increased 28% to $96 Million

The Vita Coco Company Reports First Quarter 2022 Financial Results

NEW YORK, May 02, 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 new titles for the company's co-Chief Executive Officers Mike Kirban and Martin Roper.

The Vita Coco Company Announces Leadership Title Changes

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the first quarter ended March 31, 2022 on Wednesday, May 11, 2022 after market close. The Company will host a conference call and webcast to discuss these results at 5:00 p.m. ET on the same day.

The Vita Coco Company to Report First Quarter 2022 Financial Results on May 11, 2022

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New Protein Infused Water from The Vita Coco Company Will Support Active Recovery for DEKA FIT Athletes in 2022 New Protein Infused Water from The Vita Coco Company Will Support Active Recovery for DEKA FIT Athletes in 2022

PWR LIFT Partners with DEKA FIT as Official Protein Water for 2022 Races

The Vita Coco Company, Inc. (COCO) CEO Mike Kirban on Q4 2021 Results - Earnings Call Transcript

Vita Coco Co. COCO, -16.87% stock slumped 17% in Thursday trading after the coconut water maker swung to a fourth-quarter loss. Net loss totaled $3.4 million, or 6 cents per share, after net income of $17.1 million, or 29 cents per share, last year.

Vita Coco stock slumps as freight costs take a toll

Record Full Year Net Sales Increased 22% to $380 million driven by Vita Coco Coconut Water Growth of 39%

The Vita Coco Company Reports Fourth Quarter and Full Year 2021 Financial Results

Coconut water brand expands presence and consumer base across the nation Coconut water brand expands presence and consumer base across the nation

Vita Coco Teams Up with The Big Ten Conference, Big Ten Network

NEW YORK, Feb. 17, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the fourth quarter and full year ended December 31, 2021 on Thursday, March 10, 2022 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day.

The Vita Coco Company to Report Fourth Quarter and Full Year 2021 Financial Results on March 10, 2022

The Hangover Shop will be available on all major delivery platforms starting February 14 The Hangover Shop will be available on all major delivery platforms starting February 14

Vita Coco Wants to Tackle Your Hangover for the Big Game with Launch of The Hangover Shop

Vita Coco and TRX Debut Home Gym Makeover Giveaway Providing Consumers The Healthy Boost Needed When Considering Abandoning New Year's Resolutions Vita Coco and TRX Debut Home Gym Makeover Giveaway Providing Consumers The Healthy Boost Needed When Considering Abandoning New Year's Resolutions

Vita Coco and TRX® Bringing Fitness and Fuel Straight to Consumers Through “The World's Most Achievable Resolution” Campaign

Vita Coco Launching Hangover Subscription and Hangover Shop in Early 2022 Vita Coco Launching Hangover Subscription and Hangover Shop in Early 2022

Vita Coco and Lyft Team Up to Keep Consumers Hydrated and Riding Responsibly this New Year's Eve

Vita Coco is the leader in packaged coconut water, generating strong growth from an expanding market.

The Vita Coco Company: Growing Profits On Trees Is Bullish For 2022

Most investors are focused on high-tech stocks, but low-tech names like COCO stock can occasionally deliver strong returns. The post Vita Coco Is a Rare Low-Tech Growth Stock appeared first on InvestorPlace.

Vita Coco Is a Rare Low-Tech Growth Stock

Wells Fargo analyst Chris Carey initiated coverage on Vita Coco Company Inc (NASDAQ:COCO) with an Overweight rating and $18 price target, implying a 1% upside. The analyst sees a lot to like about Vita Coco, the leading brand in a fast-growth functional beverage category with a distribution runway, competitive moats, a mix margin story, and experienced leadership.

Why Are Vita Coco Shares Skyrocketing Today?

The shares of Vita Coco Company Inc (NASDAQ: COCO) have received a price target of $22 from Goldman Sachs. These are the details.

News for Vita Coco Stock (COCO)