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COCO - Public offerings
The Vita Coco Company Inc. (COCO) public offerings - real-time wire coverage filtered to Offerings only.
Recent Offerings for COCO
- The Vita Coco Company Reports Strong Fourth Quarter and Full Year 2024 Financial ResultsFourth Quarter Net Sales Increased 20% with Full Year Increasing 5% to $516 million benefiting from Vita Coco Coconut Water growth of 10% Full Year Net Income Increased $9 million to $56 million and Non-GAAP Adjusted EBITDA1 Increased $16 million to $84 million For Fiscal Year 2025, Expect Net Sales between $555 and $570 million and Adjusted EBITDA2 between $86 and $92 million NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter and Full Year 202
- The Vita Coco Company Reports Third Quarter 2024 Financial ResultsNet Sales Decreased 4% to $133 million while Vita Coco Coconut Water Grew 8% Net Income Increased $4 million to $19 million and Non-GAAP Adjusted EBITDA1 Decreased $4 million to $23 million Company Raises Full Year Guidance for Net Sales and Adjusted EBITDA2 NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the third quarter ended September 30, 2024. Third Quarter and Year-To-Date 2024 Highlights Compared to Prior Year Period Net sales declined 4% in the third quarter to $133 million resulting in year-to-date being
- The Vita Coco Company Reports Second Quarter 2024 Financial ResultsNet Sales Increased 3% to $144 million with Vita Coco Coconut Water Growth of 4% Net Income Increased $1 million to $19 million and Non-GAAP Adjusted EBITDA1 Increased $8 million to $32 million Circana US scan data MULO+C, Vita Coco Coconut Water grew 14% Company Reaffirms Full Year Guidance Expects Net Revenue between $500-$510 million and Adjusted EBITDA2 between $76-$82 million NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the second quarter ended June 3
- The Vita Coco Company Reports Fourth Quarter and Full Year 2023 Financial ResultsFull Year Net Sales Increased 15% to $494 million Driven by Vita Coco Coconut Water Growth of 14% Full Year Net Income of $47 million and Full Year Non-GAAP Adjusted EBITDA1 of $68 million For Fiscal Year 2024, Expect Net Revenue between $495-$505 million and Adjusted EBITDA2 between $74-$78 million NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights Compared to Prior Year Net sales grew 15% to $106 million, driven by strong 8% ne
- The Vita Coco Company Reports Third Quarter 2023 Financial ResultsThird Quarter Net Sales Increased 11% to $138MM; Year-To-Date Net Sales Grew 15% Third Quarter Gross Margin of 41%, an Improvement of Over 1,400 Basis Points Over 2022 Company Raises Full Year Net Sales and Adjusted EBITDA(1) Guidance Company Announces $40MM Share Repurchase Program NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Compared to Prior-Year Period Net sales grew by 11% to $138 million driven by strong 8% net sales growth and 5%
- The Vita Coco Company Reports Second Quarter 2023 Financial ResultsSecond Quarter Net Sales Increased 21% to $140MM; Year-To-Date Net Sales grew 18% Second Quarter Gross Margin of 37%, an Improvement of Over 1100 Basis Points Over 2022 Company Raises Full Year Net Sales, Gross Margin and Adjusted EBITDA Guidance NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Compared to Prior-Year Period Net sales grew by 21% to $140 million driven by strong 23% net sales growth and 19% volume growth of Vita Coco Coconut Wate
- The Vita Coco Company, Inc. Announces Upsizing and Pricing of Secondary Offering of Common Stock by Selling StockholderNEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco Company"), a leading high-growth platform of better-for-you beverage brands, today announced the upsizing and pricing of an underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $23.00 per share, before deducting underwriting discounts and commissions, all of which are being sold by an existing stockholder, Verlinvest Beverages SA (the "Selling Stockholder"). The offering was upsized from the previously announced 4,500,000 shares of common stock. In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to 750,0
- The Vita Coco Company, Inc. Announces Secondary Offering of Common Stock by Selling StockholderNEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco Company"), a leading high-growth platform of better-for-you beverage brands, today announced that an existing stockholder, Verlinvest Beverages SA (the "Selling Stockholder"), intends to offer for sale in an underwritten offering 4,500,000 shares of common stock of the Vita Coco Company pursuant to a registration statement on Form S-3 filed by the Vita Coco Company with the Securities and Exchange Commission (the "SEC"). In addition, the Selling Stockholder expects to grant the underwriters a 30-day option to purchase up to 675,000 additional shares at the public offering price less underwritin
- The Vita Coco Company Reports Fourth Quarter and Full Year 2022 Financial ResultsFull Year Net Sales Increased 13% to $428 million Driven by Vita Coco Coconut Water Growth of 18% Full Year Net Income of $8 million and Full Year Non-GAAP Adjusted EBITDA1 of $20 million Consistent with Guidance For Fiscal Year 2023, Expect Significant Cost of Goods Improvements and Adjusted EBITDA2 between $52-58 million NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights Compared to Prior Year Net sales grew 6% to $92 million,
- The Vita Coco Company Announces CFO TransitionNEW YORK, June 17, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that CFO Kevin Benmoussa will depart the company later this year in order to pursue an expanded finance and executive role outside of the beverage industry. It is expected that Benmoussa will remain at The Vita Coco Company until August 31st to fully complete second quarter reporting activity. The Company will conduct a formal search for Benmoussa's replacement. "Kevin has been an outstanding leader at our company who has guided us through a period of strong growth despite the challenges of a
- The Vita Coco Company Reports Fourth Quarter and Full Year 2021 Financial ResultsRecord Full Year Net Sales Increased 22% to $380 million driven by Vita Coco Coconut Water Growth of 39% Fourth Quarter Net Sales Increased 25% to $87 Million For Fiscal Year 2022, Expect Continued Strong Net Sales Growth of 16-20% NEW YORK, March 10, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights Compared to Prior Year Net sales grew 25% to $87 million driven by Vita Coco Coconut Water growth of 61%Gross profit was $22 million, or 25% of net
- The Vita Coco Company Reports Third Quarter 2021 Financial ResultsRecord Third Quarter Net Sales Increased 32.5% to $115.7 Million Income from Operations Increased 72.7% to $17.8 Million NEW YORK, Nov. 11, 2021 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the third quarter and first nine months ended September 30, 2021. Third Quarter 2021 Highlights Compared to Prior Year Period Net sales grew to $115.7 million, a 32.5% increaseGross profit increased to $38.5 million, or 33.3% of net salesIncome from Operations was up 72.7% to $17.8 millionGAAP Net income was $13.0 million, or $0.24 per diluted shareNon-GAAP Adjusted EBITD