secwatch.observer — SEC 8-K summary
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Issuer:     Vita Coco Company, Inc. (COCO)
CIK:        0001482981
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001482981-22-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vita Coco Q4 net sales up 25% to $87M; FY22 guidance 16-20% growth but margin pressure
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- Q4 net sales $87M (+25% YoY); FY21 net sales $380M (+22% YoY).
- Q4 gross margin fell 750bps to 25% due to ocean freight and logistics cost increases.
- Q4 net loss $3M ($0.06/sh) vs prior year net income $17M (included $16M Runa contingent liability gain).
- FY22 guidance: net sales $440-455M; Adj. EBITDA $32-36M; further gross margin pressure expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1482981/000148298122000007/0001482981-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1482981/000148298122000007/coco-20220310.htm
  HTML page:      https://secwatch.observer/filing/0001482981-22-000007

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