Vita Coco Announces Q2 Earnings Guidance and Acquisition of Copra
The Vita Coco Company (NASDAQ:COCO) expects net sales between $790 million to $805 million for the second quarter, with adjusted EBITDA in a range of $154 million to $161 million. The company also announced its acquisition of Copra Inc., which is positioned as a leader in the super premium cold coconut water segment.
Tickers: $COCO
Topics: acquisition coconut water market