Welcome to our dedicated page for Vita Coco Company news (Ticker: COCO), a resource for investors and traders seeking the latest updates and insights on Vita Coco Company stock.
Vita Coco Company, Inc. (NASDAQ: COCO) is a pioneer in plant-based hydration, recognized for its market-leading coconut water and commitment to sustainable business practices. This news hub provides investors and stakeholders with essential updates about the company’s financial performance, product innovations, and environmental initiatives.
Discover official press releases covering quarterly earnings, strategic partnerships, and new product launches like the PWR LIFT protein water line. Stay informed about sustainability milestones through updates on the Vita Coco Project and progress toward carbon neutrality goals. The repository also includes analysis of market expansion efforts across Americas and international markets.
All content is curated to meet investor needs while maintaining accessibility for conscious consumers interested in ethical business practices. Regular updates ensure timely access to developments impacting COCO’s position in the competitive functional beverage sector. Bookmark this page for direct access to primary sources about one of the beverage industry’s most innovative public benefit corporations.
The Vita Coco Company, a leading high-growth platform of better-for-you beverage brands, will participate in the Goldman Sachs Global Staples Forum on May 14, 2024. The Company's CEO, Martin Roper, will engage in a fireside chat during the event.
The Vita Coco Company reported positive financial results for the first quarter of 2024, with a 2% increase in net sales to $112 million. The company's net income rose to $14 million, while Non-GAAP Adjusted EBITDA increased to $21 million. Gross profit also saw a significant increase, and the company raised its full-year guidance, expecting net revenue between $500-$510 million and Adjusted EBITDA between $76-$82 million.
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