Shares of Vita Coco Company, Inc. (COCO) have been strong performers lately, with the stock up 24.6% over the past month. The stock hit a new 52-week high of $35.78 in the previous session. Vita Coco Company, Inc. has gained 34.9% since the start of the year compared to the 3.6% move for the Zacks Consumer Staples sector and the 2.1% return for the Zacks Beverages - Soft drinks industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ea ...

Table of Contents ____________________ 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 September 30, 2024 OR o 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. (COCO Q3 2024 Results Conference Call October 30, 2024 8:30 AM ET Company Participants Alex Liscum - Vice President, Investor Relations, ICR Mike Kirban - Executive Chairman Martin Roper - Chief Executive Officer Corey Baker - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Chris Carey - Wells Fargo Securities Eric Serotta - Morgan Stanley Jon Andersen - William Blair Jim Salera - Stephens Eric Des Lauriers - Craig-Hallum Capital Group Michael L ...

Vita Coco Company, Inc. (COCO) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 18.52%. A quarter ago, it was expected that this company would post earnings of $0.31 per share when it actually produced earnings of $0.32, delivering a surprise of 3.23%. Over the last four quarters, the ...

Exhibit 99.1 The Vita Coco Company Reports Third Quarter 2024 Financial Results Net Sales Decreased 4% to $133 million while Vita Coco Coconut Water Grew 8% Net Income Increased $4 million to $19 million and Non-GAAP Adjusted EBITDA Decreased $4 million to $23 million 1 Company Raises Full Year Guidance for Net Sales and Adjusted EBITDA 2 NEW YORK, NY – October 30, 2024 – The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brand ...

The market expects Vita Coco Company, Inc. (COCO) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected ...

NEW YORK, Oct. 16, 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 third quarter ended September 30, 2024 on Wednesday, October 30, 2024 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. To participate in the live earnings call and question and answer ...

Companies in the Zacks Beverages – Soft Drinks industry are well-positioned for long-term market share growth through innovation, adaptability, and a focus on consumer well-being. Increased digital investments in e-commerce and direct-to-consumer channels are proving advantageous. Key industry drivers include health consciousness, sustainability, and product innovation. Participants are expected to benefit from expanding into new and adjacent categories. Leading companies like Coca-Cola (KO) , PepsiCo (PEP) ...

In the latest trading session, Vita Coco Company, Inc. (COCO) closed at $28.83, marking a +1.37% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.7%. On the other hand, the Dow registered a gain of 1.26%, and the technology-centric Nasdaq increased by 2.51%. Shares of the company witnessed a gain of 12.19% over the previous month, beating the performance of the Consumer Staples sector with its gain of 2.99% and the S&P 500's gain of 1.27%. The investment community w ...

INGLEWOOD, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) -- As back to school season ramps up, The Vita Coco Company, Inc. (NASDAQ: COCO) has teamed up with international recording artist, actress, activist, and Vita Coco Brand Ambassador—Becky G—to build a new greenspace at her childhood elementary school in Inglewood, California. The greenspace, opening today at Oak Street Elementary School, is a new initiative of the Company's social impact program, the Vita Coco Project® (VCP), which focuses on empowering com ...