Vita Coco up after co raises annual earnings forecast on demand for coconut water

The Vita Coco

29/10/2025 12:44

** Shares of beverage maker Vita Coco COCO.O up 7.6% at $45.43 premarket

** Co raises its annual earnings forecast after better-than-expected Q3 results on the back of strong demand for its coconut water products and retail sales growth rates in the United States and core international markets

** Co now sees annual net sales between $580 million and $595 million, compared with previous expectations of between $565 million and $580 million

** Annual adjusted EBITDA is now forecast in the range of $90 million to $95 million, up from prior $86 million to $92 million guidance.

** Q3 sales of $182 million beat estimates of $155.4 million and EPS of 40 cents surpassed expectations of 29 cents - data compiled by LSEG

** Up to last close, COCO had risen 14.4% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))