Overview
- Revenue reached $182 million, up 37% year over year and roughly $25.5 million above consensus.
- Earnings per share were $0.40, up 25% year over year and $0.11 ahead of analyst expectations.
- Coconut-water sales jumped 42% in the quarter, and the company projects high‑teens growth for the category this year.
- Full-year net sales guidance increased by about 3%, with management citing momentum in the core brand.
- Shares rose about 6% the day after results before falling roughly 7.2% the next session, erasing the prior gain.