earnings
confidence high
sentiment positive
materiality 0.85
Vita Coco Q1 net sales +17% to $131M, net income +$5M to $19M, reaffirms FY2025 outlook
Vita Coco Company, Inc.
2025-Q1 EPS reported
$0.31
revenue$130,921,000
- Net sales $131M (+17% YoY); Vita Coco Coconut Water grew 25% globally, Americas +24%, International +36%.
- Net income $19M ($0.31 diluted EPS) vs $14M ($0.24) prior year; Adjusted EBITDA $22.5M vs $21.2M.
- Gross margin 37% vs 42% due to higher ocean freight and finished goods costs; gross profit +$1M to $48M.
- Board authorized additional $25M share repurchase (total $65M); $42.1M remaining as of Apr 29, 2025.
- Reaffirms FY2025: net sales $555-570M, gross margin 35-37%, Adjusted EBITDA $86-92M.