Vita Coco Exceeds Q3 Earnings Estimates and Raises 2026 Sales Outlook
Vita Coco (NASDAQ: COCO) reported third-quarter financial results that significantly outperformed analyst expectations. The company achieved a GAAP EPS of $0.58, beating estimates by $0.12, while revenue surged 33.8% year-over-year to reach $244 million, surpassing projections by $13.9 million. Profitability metrics showed strong growth, with non-GAAP adjusted EBITDA rising to $53 million from $32 million in the prior year period. Gross profit also saw a substantial increase to $93 million. Following these robust results, the company has raised its sales outlook for fiscal year 2026, signaling confidence in continued market demand and operational scaling.
Tickers: $COCO