Highest-materiality recent filing
Vita Coco Q2 net sales $216M (+28% YoY), EPS $0.82; raises FY guidance
Net sales $216M (+28% YoY); net income $49M ($0.82 diluted EPS) vs $23M ($0.38) prior year.
Vita Coco acquires Copra for $175M upfront plus earnout up to $100M
Upfront consideration $175M (80% cash, 20% stock); earnout $45M floor, $100M cap based on 2028 gross profit.
Vita Coco Q1 net sales $180M (+37%), EPS $0.50, raises FY guidance
Net sales $180M, up 37% YoY; Vita Coco Coconut Water growth 42%.
Vita Coco FY2025 net sales up 18% to $610M; guides FY2026 net sales $680-700M, adj. EBITDA $122-128M
FY2025 net sales $610M (+18% YoY); net income $71M ($1.19 diluted EPS) vs $56M ($0.94) prior year.
Vita Coco coconut water exempt from reciprocal tariffs; rate drops to ~6%
Coconut water products exempt from reciprocal tariffs as of Nov 13, 2025, per Executive Order.
Vita Coco Q3 net sales up 37% to $182M, raises full-year guidance
Net sales $182M (+37% YoY); Vita Coco Coconut Water sales +42%.
Vita Coco Q2 net sales +17% to $169M; raises FY sales outlook
Vita Coco Coconut Water net sales grew 25% globally; net sales $169M vs $144M prior year.
Vita Coco extends manufacturing pact with Century Pacific to 2030; amends price and volume terms
3rd Amendment extends term of manufacturing agreement to December 31, 2030.
Vita Coco Q1 net sales +17% to $131M, net income +$5M to $19M, reaffirms FY2025 outlook
Net sales $131M (+17% YoY); Vita Coco Coconut Water grew 25% globally, Americas +24%, International +36%.
Vita Coco rebuts NINGI Research short seller report; reaffirms FY2025 outlook
Reaffirms FY2025 net sales forecast that includes expected loss of some private-label retailer regions starting Q2.
Vita Coco Q4 net sales up 20% to $127M; FY2024 net income $56M; guides FY2025 sales $555-570M
FY 2024 net sales $516M (+5% YoY); net income $56M ($0.94 diluted EPS) vs $47M ($0.79) prior year.
Vita Coco Q3 net sales down 4% to $133M; net income up; raises FY guidance
Net sales fell 4% to $133M; Vita Coco Coconut Water grew 8% YoY.
Vita Coco Q2 net sales up 3% to $144M; EPS $0.32; reaffirms FY guidance
Net sales $144M (+3% YoY); Vita Coco Coconut Water grew 4%; US scan data for brand up 14%.
Vita Coco Q1 net income doubles to $14M ($0.24 EPS); raises FY guidance to $500-510M revenue
Net sales $112M (+2% YoY); gross margin 42.2% vs 30.7% a year ago.
Vita Coco extends Executive Chairman Michael Kirban's contract through 2027, boosts salary and bonus
Term extended to Dec 31, 2027; base salary raised to at least $525,000/year.
FY 2023 net sales $494M (+15% YoY); Vita Coco Coconut Water volume grew 11% YoY.
Vita Coco Q3 net sales up 11% to $138M; gross margin 41%; raises FY guidance, $40M buyback
Q3 net sales $138M (+11% YoY); net income $15M ($0.26 EPS) vs $7M ($0.13) prior year.
Vita Coco Q2 net sales +21% to $140M; gross margin 37% vs 25% YoY; raises full-year guidance
Q2 net sales $140M (+21% YoY); gross margin 37% vs 25% YoY; net income $18M ($0.31 diluted EPS) vs $1M ($0.02).
Verlinvest sells 5.75M Vita Coco shares at $23 in secondary; offering closed May 26
Selling stockholder Verlinvest Beverages SA sold 5,000,000 shares at $23.00 each in underwritten public offering.
Vita Coco Q1 net sales +14% to $110M; raises FY23 guidance on margin recovery
Net income of $7M ($0.12 diluted EPS) vs $2M ($0.04) a year ago; Adj. EBITDA of $9M vs -$3M.
Vita Coco reports FY2022 net sales $428M (+13%); guides 2023 Adj. EBITDA $52-58M
Q4 net sales $92M (+6% YoY); net loss $(3M); Adjusted EBITDA $4M vs $1M prior year.
Vita Coco appoints Corey Baker as CFO, succeeding interim CFO Rowena Ricalde who becomes CAO
Corey Baker appointed CFO effective after 10-K filing; previously SVP Global Finance at PepsiCo.
Net sales $124M (+7% YoY); Vita Coco Coconut Water grew 14% with record revenue despite flavored SKU out-of-stocks.
Net sales +13% to $115M; Vita Coco Coconut Water sales +21% YoY.
Vita Coco CFO Kevin Benmoussa to step down Aug 31, 2022; search underway
CFO Kevin Benmoussa resigns effective August 31, 2022 to pursue a role outside the beverage industry.
Vita Coco Q1 sales up 28% to $96M, gross margin falls to 20%, FY2022 EBITDA guidance cut to $27-32M
Q1 net sales $96M (+28% YoY); net income $2M ($0.04 diluted EPS) vs $2M ($0.03) prior year.
Vita Coco Q4 net sales up 25% to $87M; FY22 guidance 16-20% growth but margin pressure
Q4 net sales $87M (+25% YoY); FY21 net sales $380M (+22% YoY).
Vita Coco Q3 net sales up 32.5% to $115.7M; GAAP EPS $0.24; FY outlook 19-21% growth
Net sales $115.7M (+32.5% YoY); gross profit $38.5M (33.3% margin, down 36bps due to ocean freight).
Vita Coco reports Q3 2021 volume growth of 20.6% YoY; coconut water segment drives gains
Total Q3 volumes of 12,875 thousand CE, up 20.6% YoY from 10,672 thousand.
Vita Coco closes IPO of 11.5M shares at $15/share, raising ~$173M
Closed IPO of 11,500,000 shares of common stock at $15.00 per share.
On July 30, 2024, Rowena Ricalde notified The Vita Coco Company, Inc. (the “Company”), of her resignation as Chief Accounting Officer of the Company (“CAO”) and principal accounting officer of the Company (“PAO”), to be effective as of August 16, 2024, in order to pursue another opportunity.
Effective as of August 16, 2024, and until such time as a replacement is named, Corey Baker, the Chief Financial Officer of the Company (“CFO”) and principal financial officer of the Company (“PFO”), is expected to assume the role of PAO on an interim basis.
On March 7, 2023, The Vita Coco Company, Inc. (the “Company”) announced that the board of directors of the Company (the “Board”) approved the appointment of Corey Baker as the Company’s Chief Financial Officer.
Ms. Ricalde will be appointed Chief Accounting Officer and continue as the Principal Accounting Officer.
In connection with a transition plan, on July 26, 2022, the Board of Directors (the “Board”) of the Company appointed Rowena Ricalde, the Company’s current Vice President, Global Accounting & Control, as Interim Chief Financial Officer, effective September 1, 2022.
On June 17, 2022, The Vita Coco Company, Inc. (the “Company”) announced that Kevin Benmoussa, the Company’s current Chief Financial Officer, Treasurer, principal financial officer and principal accounting officer, has resigned from all roles at the Company, effective August 31, 2022.
On June 13, 2022, Kevin Benmoussa submitted his resignation as the Chief Financial Officer and Treasurer of The Vita Coco Company, Inc. (the “Company”), effective August 31, 2022.
On April 14, 2022, Axelle Henry notified The Vita Coco Company, Inc. (the “Company”) of her intent to resign as a Class I Director of the Company's Board of Directors ("Board") and its Audit Committee following the 2022 Annual Meeting of Stockholders in June 2022 (the “2022 Annual Meeting”), and that she therefore will not stand for reelection to the Board at the 2022 Annual Meeting.
On April 29, 2022, Michael Kirban notified The Vita Coco Company, Inc. (the “Company”) of his resignation, effective on May 2, 2022, as Co-Chief Executive Officer and co-principal executive officer of the Company. On May 2, 2022, the Board appointed Mr. Kirban as Executive Chairman of the Company.
The Board also determined that Martin Roper, the Company’s Co-Chief Executive Officer and director of the Board, will be designated as the sole Chief Executive Officer and principal executive officer of the Company.
On April 14, 2022, Axelle Henry notified The Vita Coco Company, Inc. (the “Company”) of her intent to resign as a Class I Director of the Company's Board of Directors ("Board") and its Audit Committee following the 2022 Annual Meeting of Stockholders in June 2022 (the “2022 Annual Meeting”), and that she therefore will not stand for reelection to the Board at the 2022 Annual Meeting.
Max materiality 0.85 · Median 0.65 · Most common event earnings