The Vita Coco Company Stock News

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The Vita Coco Company, Inc. (NASDAQ:COCO ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants John Mills - Managing Partner at ICR Michael Kirban - Co founder, Executive Chairman of the Board of Directors Martin Roper - Chief Executive Officer, Director Corey Baker - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Chris Carey - Well...

The Vita Coco Company, Inc.'s Q2 results are expected to show moderate growth once again, but pressured margins due to temporarily high and turbulent freight costs. The 2024 hiccup in growth created by a private label deal's ending, and the freight cost hiccup, don't disturb Vita Coco's underlying strong demand momentum over the long term. The stock's valuation remains balanced ahead of Q2 earn...

It's time to look into small-cap stocks as the mega-cap tech titans have hogged the spotlight, especially in recent weeks, with Apple (NASDAQ: AAPL ) joining the red-hot AI rally with its recent reveal of Apple Intelligence. This may be the generative AI tech of choice once it's in the palms of iPhone users later this year.

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When most people hear the term “beverage stocks,” they probably picture rather ancient, slow-growing staples like Coca-Cola (NYSE: KO ) and Pepsi (NYSE: PEP ). But beverage companies can actually expand extremely quickly.

NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced that the Company will participate in the 4th Annual Evercore ISI Consumer and Retail Conference on June 12, 2024. The conference will be held virtually.

Vita Coco stock is recommended as a buy due to expected growth acceleration and margin expansion. The company reported earnings growth of 1.8% and beat gross margin expectations. Management raised FY24 net sales guidance and gross margin guidance, indicating potential for strong growth and profitability.