Key Points – Vita Coco delivered a strong Q2, with net sales up 28% to $216 million and net income rising to $49 million.
Gross margin expanded sharply to 49% from 36% a year ago, helped by tariff refunds and lower freight and product costs. – The company raised full-year 2026 guidance, now expecting net sales of $790 million to $805 million and adjusted EBITDA of $154 million to $161 million
Management sees continued category growth in the U.S. and overseas, plus U.S. private-label sales growth of 90% to 100%. – Vita Coco also announced the acquisition of Copra Inc., a super-premium coconut water business, for an initial $175 million. The deal expands Vita Coco’s presence in the faster-growing Thai Nam Hom segment and is expected to be accretive after integration. – Sipping On Success: Vita Coco Stock Setting Up For A Fresh Rally? Vita Coco (NASDAQ:COCO) reported a sharp increase in second-quarter 2026 sales and profit, raised its full-year outlook and announced the acquisition of Copra Inc., a coconut water company focused on the super-premium Thai Nam Hom segment.
Executive Chairman Mike Kirban said the company’s first-quarter growth trends continued into the second quarter, supported by inventory availability and operational execution. He said coconut water remains one of the fastest-growing beverage categories, citing year-to-date retail dollar growth of 29% in the U.S. and 65% in measured European markets. Second-quarter sales rise 28% – Investors Are Energized, Not Scared Off, By Monster’s Fast Growth Chief Financial Officer Corey Baker said second-quarter net sales increased $47 million, or 28% year over year, to $216 million.