Vita Coco Company (COCO) Misses Q4 EPS by 9c

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Go back to Vita Coco Company (COCO) Misses Q4 EPS by 9c

The Vita Coco Company Reports Fourth Quarter and Full Year 2022 Financial Results

March 8, 2023 7:00 AM EST

Full Year Net Sales Increased 13% to $428 million Driven by Vita Coco Coconut Water Growth of 18%

Full Year Net Income of $8 million and Full Year Non-GAAP Adjusted EBITDA1 of $20 million Consistent with Guidance

For Fiscal Year 2023, Expect Significant Cost of Goods Improvements and Adjusted EBITDA2 between $52-58 million

NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (Vita Coco or the Company), a leading... More