Earnings ·
The Vita Coco Company reported second quarter 2026 net sales of $216 million, a 28% increase, and net income of $49…
COCOVita Coco Company, Inc.
The Vita Coco Company reported second quarter 2026 net sales of $216 million, a 28% increase, and net income of $49 million. The company raised its full year 2026 guidance for net sales to between $790 million and $805 million and Adjusted EBITDA to between $154 million and $161 million. Additionally, the company acquired Copra, Inc. on July 22, 2026, and the Board approved an additional $40 million share repurchase authorization on July 21, 2026. The company operates in the beverage industry, producing and selling coconut water and other healthy beverage brands.