Shares of The Vita Coco Company, Inc. (COCO) surged 9.04% in pre-market trading on Wednesday following the release of its impressive third-quarter 2025 financial results and raised full-year guidance. The coconut water retailer demonstrated strong growth and beat analyst expectations, driving investor enthusiasm.
Vita Coco reported net sales of $182 million for Q3, representing a substantial 37% increase from the prior year period and surpassing the analyst consensus estimate of $155.36 million. The company's flagship product, Vita Coco Coconut Water, was a key driver of this growth, with net sales climbing 42% in the quarter. Net income for Q3 rose to $24 million, up from $19 million in the same period last year, while earnings per share reached $0.40, beating the analyst estimate of $0.29.
In light of the strong performance, Vita Coco raised its full-year 2025 guidance. The company now expects net sales to be between $580 million and $595 million, with adjusted EBITDA projected in the range of $90 million to $95 million. This optimistic outlook, coupled with the robust Q3 results, has fueled investor confidence in Vita Coco's growth trajectory. The pre-market stock surge reflects the market's positive reaction to the company's ability to capitalize on the growing demand for coconut water and its strong execution in key markets.