Vita Coco reported a 28% increase in Q2 net sales to $216 million, driven by 21% growth in its coconut water segment. Net income rose to $49 million, more than doubling from last year, supported by tariff refunds and improved pricing. The company raised its full-year 2026 guidance to $790-$805 million in net sales and $154-$161 million in adjusted EBITDA, citing strong brand demand and private label growth. Vita Coco also acquired Copra, expanding into the super-premium coconut water market, positioning for continued growth.
Goldman Sachs has increased its price target for The Vita Coco Company to $90, suggesting a nearly 30% upside from its current price. The company reported strong Q2 2026 results with net sales up 28% to $216 million and earnings per share of $0.82, b...
The Vita Coco Company has acquired Copra, a leading producer of super-premium Thai Nam Hom coconut water, for $175 million upfront plus potential earnouts. This acquisition allows Vita Coco to enter the fast-growing super-premium coconut water segmen...
