Vita Coco Q1 GAAP EPS $0.31 Beats $0.20 Estimate, Sales $130.92M Beat $125.49M Estimate

Vita Coco (NASDAQ:COCO) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.20 by 55 percent. This is a 29.17 percent increase over earnings of $0.24 per share from the same period last year. The company reported quarterly sales of $130.92 million which beat the analyst consensus estimate of $125.49 million by 4.33 percent. This is a 17.21 percent increase over sales of $111.70 million the same period last year.