Vita Coco Reports Strong Q2 Earnings with Sales Growth and Acquisition of Copra Inc.
Vita Coco reported a strong second-quarter performance, with net sales rising 28% to $216 million. The company raised its full-year guidance for both revenue and adjusted EBITDA and announced the acquisition of Copra Inc., expanding into the super-premium coconut water segment.
Tickers: $COCO
Topics: acquisition_announcement financial_results guidance_update