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Dec 31, 2024
Vita Coco Q4 2024 Earnings Report
Reported strong fourth quarter and full year financial results.
Key Takeaways
The Vita Coco Company reported a 20% increase in net sales for the fourth quarter, reaching $127 million. Full year net sales increased 5% to $516 million. Net income for the quarter was $3 million, and full year net income increased to $56 million.
Net sales increased 20% in the fourth quarter to $127 million.
Vita Coco Coconut Water net sales grew by 30% in the fourth quarter.
Gross profit was $41 million in the fourth quarter, an increase of $2 million.
Net income was $3 million in the fourth quarter.
Forward Guidance
The Company expects 2025 net sales between $555 million and $570 million and Adjusted EBITDA between $86 million and $92 million.
Positive Outlook
- Projected Vita Coco Coconut Water growth of mid-teens
- Planned benefit of Vita Coco Treats rollout
- Branded price increases
Challenges Ahead
- Increased promotional activity
- Softness in private label
- Higher average transportation costs
- Increased finished goods costs
Historical Earnings Impact
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Avg. Return Before/After Earnings
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