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Vita Coco Says Coconut Water Demand, Walmart Gains Are Fueling Raised Outlook

Vita Coco Walmart MarketBeat United States

Vita Coco (NASDAQ:COCO) executives said the company is benefiting from accelerating demand for coconut water, broader distribution gains and increasing consumer interest in functional hydration, following a first quarter in which the company reported 37% top-line growth and raised its full-year outlook.

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