Vita Coco Smashes Earnings, Eyes Teen Growth

Vita Cocos Q1 2026 earnings soared with a 37% net sales increase to $180 million, driven by coconut waters 42% growth and private labels 28% surge. Full-year guidance raised to $720-$735 million in sales and $132-$138 million in adjusted EBITDA. Coconut water category exploded, growing 31% in the U.S. and 63% in Europe. Vita Cocos brand surged 40% in U.S. retail, boosted by higher penetration, repeat buys, price hikes, and Walmart resets. Gross margins improved by 320 basis points to 40%, aided by better pricing and lower freight costs. Net income reached $30 million or $0.50 per share, with $202 million in cash and zero debt. Vita Coco aims for mid- to high-teens growth in branded coconut water and 35-40% growth in U.S. private label. Supply chain remains robust, but Middle East tensions pose challenges. Vita Cocos category shift from niche to everyday staple positions it for continued success. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/288ef609256af00c