secwatch.observer — SEC 8-K summary
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Issuer:     Vita Coco Company, Inc. (COCO)
CIK:        0001482981
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001482981-25-000080
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vita Coco Q1 net sales +17% to $131M, net income +$5M to $19M, reaffirms FY2025 outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1482981/000148298125000080/0001482981-25-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1482981/000148298125000080/coco-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001482981-25-000080

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer