Vita Coco reports Q1 EPS 31c, consensus 22c

Reports Q1 revenue $131M, consensus $125.95M. Michael Kirban, the Company’s Co-Founder and Executive Chairman, stated, “I am very proud of our team and how we have started 2025. The coconut water category remains one of the fastest growing categories in the beverage aisle, showing strong growth in the United States, the United Kingdom and Germany, which produced 25% Vita Coco (COCO) Coconut Water net sales growth globally, with Americas growing 24% and International growing 36%. We believe this growth is being fueled by our focused investment as the category leader in these markets, driving increased household adoption and new consumption occasions, together with the benefits of a stronger inventory position to start the year. I believe we are well positioned to continue our growth and I am excited for a strong 2025.”