The Vita o pany(COCO)

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The Vita Coco Company Issues Statement Regarding NINGI Research Report
Globenewswire· 2025-03-26 18:25
Reaffirms Fiscal Year 2025 Outlook and Long-Term Growth AlgorithmNEW YORK, March 26, 2025 (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 provided the following response to the recent short seller report issued by NINGI Research, who subsequently disclosed a short position in The Vita Coco Company stock. After reviewing the claims outlined in NINGI Research’s report, the Company has found t ...
INVESTOR ALERT: Investigation of Vita Coco Company, Inc. (COCO) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2025-03-26 17:05
ATLANTA, March 26, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether The Vita Coco Company, Inc. (“Vita Coco” or the “Company”) (NASDAQ: COCO) complied with federal securities laws. On March 26, 2025, Ningi Research published a report alleging that “Vita Coco is suffering from structural internal deficiencies, such as undisclosed related-party transactions and supply chain mismanagement.” Following this report, the price of the Company’s stock dropped. If you purchased Vita Coco stock ...
Johnson Fistel Launches Investigation into The Vita Coco Company Following Short Report Claims
GlobeNewswire News Room· 2025-03-26 16:53
Core Viewpoint - Johnson Fistel, PLLP is investigating The Vita Coco Company, Inc. for potential violations of securities laws related to misrepresentation and failure to disclose information to investors, which may have led to investor losses [1][3]. Group 1: Investigation Details - The investigation is prompted by a report from NINGI Research, which claims that Costco, Vita Coco's largest private label customer, plans to terminate its contract, resulting in an estimated revenue shortfall of $90 million by the end of 2025 [3]. - The report also highlights structural internal deficiencies within Vita Coco, including undisclosed related-party transactions and supply chain mismanagement, suggesting that the company may be misleading the market while insiders sell off stock [3]. Group 2: Investor Information - Investors who purchased Vita Coco securities and suffered losses are encouraged to join the investigation, with no cost or obligation [2]. - Individuals with nonpublic information about Vita Coco are advised to consider assisting the investigation or utilizing the SEC Whistleblower program, which may offer rewards of up to 30% of any successful recovery [3]. Group 3: Company Background - Johnson Fistel, PLLP is a nationally recognized law firm specializing in shareholder rights and securities class action lawsuits, with a strong track record of recovering significant amounts for investors [4][5].
Vita Coco Company, Inc. (COCO) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2025-03-13 23:20
Vita Coco Company, Inc. (COCO) closed the latest trading day at $34.54, indicating a -1.06% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.91%. Elsewhere, the Dow saw a downswing of 1.5%, while the tech-heavy Nasdaq depreciated by 1.96%.Shares of the company witnessed a loss of 12.24% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 3.05% and the S&P 500's loss of 7.38%.The upcoming earnings release of Vita Coco Company ...
Vita Coco Expands Line of Vita Coco Treats™ with Launch of New Orange & Creme Flavor
Globenewswire· 2025-03-05 14:00
New flavor joins the brand’s successful lineup of light yet indulgent treats that deliver a hint of nostalgia Treat Yourself with Vita Coco Treats! The new Orange & Creme flavor debuts following the successful launch of Strawberries & Creme last year. A Nostalgic Flavor Orange & Creme blends bright orange zest with smooth vanilla, offering a nostalgic, refreshing treat. NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) -- Vita Coco, the leading coconut water brand in the U.S., is excited to introduce the la ...
Vita Coco Expands Line of Vita Coco Treats™ with Launch of New Orange & Creme Flavor
Newsfilter· 2025-03-05 14:00
NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) -- Vita Coco, the leading coconut water brand in the U.S., is excited to introduce the latest addition to its lineup of Vita Coco Treats™: Orange & Creme. Following the success of its debut Strawberries & Creme flavor last year, the brand continues to innovate, bringing another nostalgic yet refreshingly modern treat to consumers. Vita Coco Treats is known for its indulgent yet feel-good coconutmilk-based beverages, offering a sweet and creamy refreshment. The lates ...
Vita Coco Company: Valuation Has Turned Cheap, While Growth Outlook Is Positive (Rating Upgrade)
Seeking Alpha· 2025-03-03 13:31
Group 1 - The analyst recommended a hold rating for Vita Coco Co. (NASDAQ: COCO) in December due to high valuation making the stock less attractive considering its normalized growth profile [1] - An ideal investment is characterized by core business performance in a sector expected to experience structural growth exceeding GDP growth over the next 5-10 years, sustainable competitive advantages, competent management, and fair valuation [1]
The Vita o pany(COCO) - 2024 Q4 - Earnings Call Transcript
2025-02-26 20:13
Financial Data and Key Metrics Changes - For the full year 2024, net sales increased by $22 million or 5% year over year to $516 million, driven by a 10% growth in Vita Coco Coconut Water net sales, partially offset by a 10% decline in private label sales [33][34] - Consolidated gross profit for 2024 was $199 million, an increase of $18 million compared to the prior year, with gross margin finishing at 39%, up approximately 191 basis points from 37% in 2023 [35][36] - Net income attributable to shareholders for the year was $56 million or $0.94 per diluted share, compared to $47 million or $0.79 per diluted share for the prior year [37][38] Business Line Data and Key Metrics Changes - In the Americas, Vita Coco Coconut Water net sales increased by 8% to $343 million, while private label sales decreased by 13% to $90 million [34] - International segment net sales were up 16%, with Vita Coco Coconut Water growth of 20% across major markets [35] - Vita Coco Juice saw US scans increase by 42% for the full year, outpacing the canned segment of the category by 2x [13] Market Data and Key Metrics Changes - The coconut water category in the US grew in household adoptions by 9% and household buy rate by over 7% in 2024 [9] - In Germany, the coconut water category grew over 40% over the last year, with Vita Coco being the leading brand at three times the size of the closest competitor [17] - The Vita Coco brand grew 9% in retail dollars in the US and 21% in the UK, while the category grew 14% and 19%, respectively [10] Company Strategy and Development Direction - The company plans to emphasize active hydration in 2025, positioning Vita Coco as an alternative to traditional sports drinks [16] - There is a focus on expanding international markets where the brand has a strong position, with plans to increase investment in these areas [18][19] - The company aims to continue adding households and expanding occasions for consumption, with a strong emphasis on innovation [20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, citing strong category growth and improved inventory levels compared to the previous year [11][21] - The company anticipates healthy net sales growth driven by strong branded sales, partially offset by expected weaknesses in private label shipments [31] - Management noted that while facing some headwinds, they are excited about the ability to deliver strong results moving forward [40] Other Important Information - The company has secured production capacity for 2025 and 2026, aiming to operate at 80% to 85% of available full-year capacity [28] - The company is currently not including any potential tariff impacts in their guidance, but is prepared to adjust pricing if necessary [44] - The company is actively working to improve distribution and visibility within the Juice Aisle at Walmart following a recent reset [30][56] Q&A Session Questions and Answers Question: What is the current state of inventories at various points in the channel? - Management indicated that they ended the year with healthy inventory levels and expect further replenishment in the first half of the year [62][63] Question: Can you provide context on gross margins and freight rates? - Management expects gross margins to improve in the second half of the year as ocean freight rates decline, although they will still be higher than last year [75][78] Question: What is the strategy for emphasizing hydration messaging? - The company plans to return to marketing coconut water as a natural alternative to sports drinks, focusing on communication to educate consumers about its benefits [90][91] Question: Can you expand on the additional production capacity secured for 2025? - The company is adding production capacity to improve flexibility and meet anticipated strong category growth, with new facilities expected to come online in mid-2025 [102][104] Question: What is the update on the food service channel? - The company is making progress in the food service channel, focusing on opportunities in hotels, hospitals, and schools, and believes it will be a significant part of their business moving forward [110]
What Makes Vita Coco Company (COCO) a New Strong Buy Stock
ZACKS· 2025-02-26 18:00
Core Viewpoint - Vita Coco Company, Inc. (COCO) has received a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, particularly influenced by institutional investors [4][6]. - Rising earnings estimates indicate an improvement in the company's underlying business, suggesting that investors may respond positively by driving the stock price higher [5][10]. Earnings Estimate Revisions - For the fiscal year ending December 2024, Vita Coco is projected to earn $0.96 per share, reflecting a 29.7% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Vita Coco has risen by 1.6%, indicating a positive trend in analyst expectations [8]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimate revisions, with only the top 5% receiving a 'Strong Buy' rating, highlighting the potential for superior returns [7][10]. - The upgrade of Vita Coco to Zacks Rank 1 places it among the top 5% of stocks covered by Zacks, suggesting a favorable outlook for near-term stock performance [10].
Vita Coco Company, Inc. (COCO) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2025-02-26 14:25
分组1 - Vita Coco Company, Inc. reported quarterly earnings of $0.12 per share, exceeding the Zacks Consensus Estimate of $0.08 per share, and showing an increase from $0.11 per share a year ago, representing a 50% earnings surprise [1] - The company achieved revenues of $127.29 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.31% and increasing from $106.14 million year-over-year [2] - The stock has gained approximately 3.4% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.27 on revenues of $119.56 million, and for the current fiscal year, it is $1.18 on revenues of $569.13 million [7] - The Beverages - Soft drinks industry, to which Vita Coco belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]