The Vita Coco Company reported a 17% increase in net sales to $131 million in Q1 2025, primarily driven by a 25% growth in Vita Coco Coconut Water sales. Net income rose by $5 million to $19 million, and non-GAAP Adjusted EBITDA increased by $1 million to $23 million. The company reaffirmed its full-year 2025 outlook.
Net sales increased 17% to $131 million.
Vita Coco Coconut Water net sales grew by 25% globally, with Americas growing 24% and International growing 36%.
Net income increased to $19 million from $14 million in the prior year period.
Gross margin decreased to 37% from 42% due to higher freight and finished goods costs, partially offset by pricing and mix.
The company is reaffirming its full year 2025 guidance, expecting net sales between $555 million and $570 million, mid to high teens Vita Coco Coconut Water growth, and Adjusted EBITDA between $86 million and $92 million.
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