The Vita Coco Company Inc (COCO) |
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Price: $25.1400
$0.06
0.239%
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Day's High:
| $25.29
| Week Perf:
| 0.2 %
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Day's Low: |
$ 24.90 |
30 Day Perf: |
13.4 % |
Volume (M): |
370 |
52 Wk High: |
$ 33.29 |
Volume (M$): |
$ 9,309 |
52 Wk Avg: |
$25.14 |
Open: |
$24.91 |
52 Wk Low: |
$17.22 |
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Market Capitalization (Millions $) |
1,484 |
Shares
Outstanding (Millions) |
59 |
Employees |
548 |
Revenues (TTM) (Millions $) |
493 |
Net Income (TTM) (Millions $) |
47 |
Cash Flow (TTM) (Millions $) |
113 |
Capital Exp. (TTM) (Millions $) |
1 |
The Vita Coco Company Inc
The Vita Coco Company Inc is a privately held American company that specializes in the production of coconut water, coconut milk, and other related products. The company was founded in 2004 by two childhood friends, Michael Kirban and Ira Liran, after they realized the potential of the coconut water market while on a trip to Brazil.
The company's flagship product is Vita Coco, which is made from young green coconuts sourced from Southeast Asia, South America, and the Caribbean. The coconuts are harvested by hand, and the water is extracted within hours of the harvest to ensure that it is fresh and full of nutrients. The product is packaged in Tetra Pak cartons, which are recyclable and environmentally friendly.
In addition to coconut water, the Vita Coco Company Inc produces coconut milk and other coconut-based products such as coffee creamer, sparkling water, and pressed coconut oil. The company has also expanded its product line to include plant-based drinks such as almond milk and oat milk.
The company's products are sold in over 30 countries, including the United States, Canada, Europe, and Asia. Vita Coco is the leading coconut water brand in the United States and the United Kingdom and is sold in major supermarkets, convenience stores, and online retailers.
The Vita Coco Company Inc has received numerous awards for its products and sustainable practices. The company is a member of the Roundtable on Sustainable Palm Oil (RSPO) and is committed to sourcing palm oil from sustainable sources. The company also supports projects that promote sustainable farming practices and economic development in coconut-producing regions.
Overall, The Vita Coco Company Inc has become a leading international brand in the health and wellness industry, offering natural and healthy coconut-based products that are sustainable and environmentally responsible.
Company Address: 250 Park Avenue South New York 10003 NY
Company Phone Number: 206-0763 Stock Exchange / Ticker: NASDAQ COCO
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Stock Performances by Major Competitors |
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The Vita Coco Company Inc
The Vita Coco Company Inc, a leading player in the nonalcoholic beverages sector, recently released its financial results for the fourth quarter of 2023. The company announced that its income turned positive, with earnings of $0.11 per share, compared to a loss of $-0.05 per share in the same period the previous year. However, the profit for the quarter plummeted by -58.12% from $0.26 per share in the previous financial reporting period. On the revenue front, Vita Coco experienced significant growth, with a 15.995% increase to $106.71 million from $91.99 million in the corresponding period a year before. However, the revenue sequentially fell by -22.21% from $137.17 million. It is worth noting that Vita Coco's revenue growth outpaced that of most of its competitors in the nonalcoholic beverages sector. In the fourth quarter of 2023, two-thirds of the businesses in the sector reported an average revenue rise of 2.10% from the same period the previous year.
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Product Service News
Published Wed, Feb 7 2024 3:08 PM UTC
As the nation recovers from the intense excitement of the Big Game, Vita Coco is stepping up to offer a helping hand to those battling post-celebration hangovers. On February 12, consumers across the country can find solace in free Vita Coco Coconut Water, available at all major retailers. This initiative aims to ease the repercussions of one of the most hungover days of the...
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The Vita Coco Company Inc
The Vita Coco Company, Inc. (NASDAQ: COCO), a prominent player in the better-for-you beverage brands sector, recently announced that it will be releasing its financial results for the third quarter ended September 30, 2023, on Tuesday, October 31, 2023, before the market opens. The company will also host a conference call and webcast at 8:30 a.m. ET on the same day to discuss these results. In terms of financial performance, Vita Coco reported a significant increase in income per share for the period of July to September 30, 2023, with a growth rate of 100% to $0.26 per share. Furthermore, the company witnessed a revenue boost of 10.583% to $137.17 million, compared to the same period in the previous year. These numbers clearly indicate that Vita Coco has outperformed its competitors in the nonalcoholic beverages sector, as the rest of the industry reported a revenue increase of only 6.95% during the same period.
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The Vita Coco Company Inc
As a stock market journalist, I am constantly analyzing financial results and interpreting their implications for investors. Today, I am focusing on The Vita Coco Company Inc and their recent financial performance. In the financial time-frame ending June 30, 2023, The Vita Coco Company Inc witnessed a significant increase in their income per share, which soared by a staggering 1450% year on year to reach $0.31 per share. This is an impressive achievement and indicates the company's ability to generate substantial profits. Additionally, their revenue showed a notable growth of 20.631%, reaching $139.09 million. Compared to their peers in the Nonalcoholic Beverages industry, The Vita Coco Company Inc outperformed most, as their top-line advanced more prominently.
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The Vita Coco Company Inc
The Vita Coco Company Inc, a leading player in the beverage industry, has just released an impressive financial report that has left investors and industry analysts in awe. With a 200% increase in net profit per share and a revenue increment of 13.801%, the company is making a strong case for itself as a formidable player in the market. The report shows a remarkable turnaround for the company, which had reported negative net profit per share of $-0.05 in the prior reporting period. This is now a thing of the past as the company's net income has surged to an impressive $6.705 million in the January to March 31 2023 time-frame, up from $2.227 million reported in the same period the previous year.
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Per Share |
Current |
Earnings (TTM) |
0.8 $ |
Revenues (TTM) |
8.35 $
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Cash Flow (TTM) |
1.92 $ |
Cash |
2.25 $
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Book Value |
3.43 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
0.8 $
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Revenues (TTM) |
8.35 $ |
Cash Flow (TTM) |
1.92 $ |
Cash |
2.25 $
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Book Value |
3.43 $ |
Dividend (TTM) |
0 $ |
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