Vita Coco Company, Inc. ( (COCO) ) has released its Q2 earnings. Here is a breakdown of the information Vita Coco Company, Inc. presented to its investors.
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The Vita Coco Company, Inc., a leader in the better-for-you beverage sector, is renowned for its flagship coconut water brand, Vita Coco, which offers a range of healthy and nutritious drinks. In its latest earnings report, Vita Coco Company announced a 17% increase in net sales for the second quarter of 2025, reaching $169 million, driven by a significant 25% growth in Vita Coco Coconut Water sales. The company also reported a net income increase of $4 million, totaling $23 million, although its Non-GAAP Adjusted EBITDA saw a decrease of $3 million to $29 million.
Key financial metrics highlight the company’s robust performance, with net sales for the year-to-date reaching $300 million, a 17% increase compared to the previous year. Vita Coco Coconut Water continues to drive growth, with a 25% increase in net sales globally, and particularly strong performances in the Americas and international markets. However, the gross margin decreased to 36% from 41% due to higher ocean freight rates and product costs. Despite this, net income per diluted share rose to $0.38 from $0.32, supported by increased gross profit and favorable tax adjustments.
Strategically, the company has raised its full-year net sales guidance, anticipating continued growth in Vita Coco Coconut Water and the rollout of Vita Coco Treats in the U.S. The company’s financial position remains strong, with no debt and cash reserves of $167 million. The share repurchase program was expanded, with $42.1 million remaining for future repurchases.
Looking ahead, Vita Coco Company is optimistic about its growth prospects, with expectations of high teens growth in Vita Coco Coconut Water sales and a continued focus on branded product expansion. The company remains vigilant of the economic environment and potential impacts from tariffs and competitive pricing actions, but it is confident in its strategic initiatives to drive future success.
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