Strong Net Sales Growth
Net sales increased by 37% year-over-year to $182 million in Q3, with Vita Coco Coconut Water growing by 42%.
Record International Performance
International segment saw net sales up 48%, driven by strong growth in Europe, particularly in the U.K. and Germany.
Increased Guidance
The company raised its full-year net sales guidance to between $580 million and $595 million.
Healthy Cash Position
Total cash on hand of $204 million with no debt under the revolving credit facility.
Adjusted EBITDA Improvement
Adjusted EBITDA was $32 million, up from $23 million in 2024, driven by higher net sales and gross profit.