Q1 2024 Vita Coco Company Inc Earnings Call
Shares of coconut water company The Vita Coco Company (NASDAQ:COCO) jumped 5.3% in the morning session after the company reported first quarter results with revenue, gross margin, and EPS exceeding expectations. The topline benefited from improved pricing of Vita Coco Coconut Water and growth in private label case equivalent ("CE") volume. It's also nice to see that full year guidance for revenue and adjusted EBITDA both came in slightly above Wall Street analysts' estimates. Zooming out, this w
Robust Growth and Financial Performance Highlighted