Vita Coco Raises 2026 Sales View to $810M-$820M
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11:33:25 AM UTC
SquawkNews
Vita Coco reported third-quarter 2026 net sales of $243.8 million, up 34% year over year, and net income of $35.0 million. Adjusted EBITDA rose to $53.2 million, while the company raised its full-year sales and Adjusted EBITDA guidance. Organic net sales growth was 17.8% for the quarter.Financial H…
11:34:18 AM UTC
SquawkNews
The Vita Coco Company, Inc. reported third-quarter 2026 financial results, with net sales reaching $243.8 million, surpassing the FactSet consensus estimate of $230.1 million. The company also reported earnings per share of $0.58, which outperformed the analyst estimate of $0.44. Additionally, the company raised its full-year 2026 sales guidance to a range of $810 million to $820 million, exceeding the prior FactSet estimate of $802.7 million. These results reflect the company's performance as a platform for better-for-you beverage brands.