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Stock impact report

The Vita Coco Company Reports Strong Fourth Quarter and Full Year 2024 Financial Results

The Vita Coco Company, Inc. (COCO) 
Company Research Source: GlobeNewswire
Fourth 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 2024 Highlights Compared to Prior Year Net sales increased 20% in the fourth quarter to $127 million resulting in full year net sales of $516 million.Vita Coco Coconut Water net sales growth of 30% in the fourth quarter and 10% full year growth.Gross profit was $41 million in the fourth quarter, an i Show less Read more
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