The Vita Coco Company is a leading manufacturer and marketer of coconut water and other coconut-based products
Known for its refreshing and hydrating beverages, the company focuses on providing consumers with natural, high-quality options that promote health and wellness. In addition to its flagship coconut water drinks, Vita Coco also offers a range of flavored variants and other coconut-derived products such as coconut oil and snacks. With a commitment to sustainability and sourcing from farmers in coconut-producing regions, the company has established a strong presence in the beverage market while appealing to health-conscious consumers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Keurig Dr Pepper (NASDAQKDP) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Vita Coco (NASDAQCOCO) and the rest of the beverages, alcohol, and tobacco stocks fared in Q3.
Vita Coco’s 22.3% return over the past six months has outpaced the S&P 500 by 19.7%, and its stock price has climbed to $33.62 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how beverages, alcohol, and tobacco stocks fared in Q3, starting with Zevia (NYSEZVIA).
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Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Celsius (NASDAQCELH) and the best and worst performers in the beverages, alcohol and tobacco industry.
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As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the beverages, alcohol and tobacco industry, including Anheuser-Busch (NYSEBUD) and its peers.
Coconut water company The Vita Coco Company (NASDAQCOCO) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 3.7% year on year to $132.9 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $510 million at the midpoint. Its GAAP profit of $0.32 per share was 22.5% above analysts’ consensus estimates.
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQCOCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the third quarter ended September 30, 2024 on Wednesday, October 30, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day.
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQCOCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the second quarter ended June 30, 2024 on Wednesday, July 31, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day.
