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Vita Coco Company (COCO)
NASDAQ:COCO
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.21Last Year’s EPS
0.24Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -14.99%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted the company's strong financial performance and growth in the coconut water category, as well as successful product launches and improved inventory management. However, challenges remain with high freight costs, private label declines, and distribution issues at Walmart.Company Guidance
During The Vita Coco Company's fourth quarter 2024 earnings call, the management provided optimistic guidance for 2025, expecting net sales to range between $555 million and $570 million. The company anticipates gross margins for the full year to be between 35% and 37%, with adjusted EBITDA projected to be between $86 million and $92 million. In 2024, Vita Coco Coconut Water saw a 10% increase in net sales, contributing to a total net sales increase of 5% year over year, reaching $516 million. Despite challenges such as ocean freight costs and supply chain constraints, the company is positioning itself for growth by securing additional production capacity and emphasizing marketing efforts on active hydration. The coconut water category is expected to continue its strong momentum, with mid-teens growth anticipated for the brand in 2025.Record Annual Financial Performance
The Vita Coco Company reported record annual net sales, net income, and adjusted EBITDA for 2024, with net sales increasing by 5% year over year to $516 million and adjusted EBITDA reaching $84 million.
Strong Growth in Vita Coco Coconut Water
Vita Coco Coconut Water saw a net sales growth of 10% for the year, with the US brand growing 9% in retail dollars and 21% in the UK. The introduction of the one-liter pack into a key convenience store chain was notably successful.
Expansion of International Markets
International segment net sales grew by 16%, with Vita Coco Coconut Water increasing by 20%. The category grew over 40% in Germany, making Vita Coco the leading brand in coconut water in that market.
Successful Product Launches and Innovations
Vita Coco Juice saw a 42% increase in US scans, and Vita Coco Treats began its national roll-out with strong retailer commitments. The company also plans to emphasize active hydration, positioning Vita Coco as an alternative to traditional sports drinks.
Improved Inventory Management
The company overcame previous supply chain challenges, with inventory levels significantly improved, allowing for better distributor and retail inventories. This positions the company for strong growth in 2025.
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COCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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COCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $38.16 | $33.70 | -11.69% |
| Oct 30, 2024 | $30.78 | $29.56 | -3.96% |
| Jul 31, 2024 | $24.63 | $25.84 | +4.91% |
| May 01, 2024 | $24.24 | $26.16 | +7.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vita Coco Company (COCO) report earnings?
Vita Coco Company (COCO) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Vita Coco Company (COCO) earnings time?
Vita Coco Company (COCO) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is COCO EPS forecast?
COCO EPS forecast for the fiscal quarter 2025 (Q1) is 0.21.
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