earnings
confidence high
sentiment positive
materiality 0.60
Vita Coco reports Q3 2021 volume growth of 20.6% YoY; coconut water segment drives gains
Vita Coco Company, Inc.
2021-Q3 EPS reported
$0.42
revenue$292,929,000
- Total Q3 volumes of 12,875 thousand CE, up 20.6% YoY from 10,672 thousand.
- Americas Vita Coco Coconut Water shipments rose 23.7% to 7,605 thousand CE from 6,147 thousand.
- International Vita Coco Coconut Water volume up 17.8% to 1,463 thousand CE from 1,242 thousand.
- Private label CE grew 22.7% in Americas and 20.5% internationally during Q3.
- Nine-month total volume reached 33,386 thousand CE, a 17.1% increase YoY.