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The Vita o pany(COCO) - 2022 Q2 - Earnings Call Presentation
2022-08-10 13:07
Second Quarter 2022 Performance - Net sales reached $115 million, a 13% increase compared to the prior year[8] - Adjusted EBITDA was $7 million, representing a 6% margin[8] - The Vita Coco brand achieved a 51% market share in IRI tracked channels as of the 52 weeks ending June 26, 2022[8] - Vita Coco Coconut Water net sales grew by 21%[8] Financial Highlights - Q2 2022 gross profit was $29 million, with a 25% margin, a decrease of 3 percentage points[17] - Q2 2022 net income was $1 million, representing a 1% margin[25] - Case Equivalent (CE) volumes increased by 7%[8] Brand Performance and Growth - Vita Coco's market share in the US grew by 7% to reach 51%[10, 11] - Household penetration increased by 17%[14] - Shoppers are buying Vita Coco products 7% more often[15] - Spend per trip increased by 6% to $764[16] 2022 Full Year Guidance - The company reaffirmed its net sales guidance of $440-455 million, representing a 16-20% growth[23] - Adjusted EBITDA is projected to be $27-32 million[23]
The Vita o pany(COCO) - 2022 Q1 - Earnings Call Presentation
2022-05-17 16:49
©2022 THE VITA COCO COMPANY. PROPRIETARY AND CONFIDENTIAL 1 COMPANY THE PIONEER IN THE NATURAL & PLANT-BASED REVOLUTION 1 ST QUARTER 2022 RESULTS DISCLAIMER Non-GAAP Financial Measures In addition to disclosing results determined in accordance with U.S. GAAP, The Vita Coco Company, Inc. (the "Company") also discloses certain non-GAAP results of operations, including, but not limited to, Adjusted EBITDA, that include certain adjustments or exclude certain charges and gains that are described in the reconcili ...
The Vita o pany(COCO) - 2022 Q1 - Quarterly Report
2022-05-12 16:00
Table of Contents ____________________ ____________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $0.01 Per Share COCO The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ____________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ...
The Vita o pany(COCO) - 2022 Q1 - Earnings Call Transcript
2022-05-12 01:16
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 Michael 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 Stein - Bank of America Chris Carey - Wells Fargo Robert Ottenstein - Evercore ISI David Shakno - William Blair Operator Hello and welcome to t ...
The Vita o pany(COCO) - 2021 Q4 - Annual Report
2022-03-13 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-40950 The Vita Coco Company Inc. (Exact name of Registrant as specified in its Charter) Delaware 11-3713156 (State ...
The Vita o pany(COCO) - 2021 Q4 - Earnings Call Transcript
2022-03-10 20:46
The Vita Coco Company, Inc. (NASDAQ:COCO) Q4 2021 Earnings Conference Call March 10, 2022 8:30 AM ET Company Participants John Mills - Investor Relations, ICR Mike Kirban - Chairman, Co-Founder, Co-Chief Executive Officer Martin Roper - Co-Chief Executive Officer Kevin Benmoussa - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Laurent Grandet - Guggenheim Kaumil Gajrawala - Credit Suisse Chris Carey - Wells Fargo Securities Michael Lavery - Piper Sandler Jon Andersen - Wi ...
The Vita o pany(COCO) - 2021 Q4 - Earnings Call Presentation
2022-03-10 16:16
©2022 THE VITA COCO COMPANY. PROPRIETARY AND CONFIDENTIAL 1 COMPANY THE PIONEER IN THE NATURAL & PLANT-BASED REVOLUTION 4 TH QUARTER & FULL YEAR 2021 RESULTS DISCLAIMER Non-GAAP Financial Measures In addition to disclosing results determined in accordance with U.S. GAAP, The Vita Coco Company, Inc. (the "Company") also discloses certain non-GAAP results of operations, including, but not limited to, Adjusted EBITDA, that include certain adjustments or exclude certain charges and gains that are described in t ...
The Vita o pany(COCO) - 2021 Q3 - Quarterly Report
2021-11-16 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40950 The Vita Coco Company, Inc. (Exact Name of Registrant as Specified in its Charter) | --- | |--------- ...