The Copra deal is already paying: full-year net sales guidance rose to $810 million to $820 million, above the prior range. Q4 gross margin is guided to about 33% with no pricing actions until early 2027.
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COCO Coverage
Vita Coco’s Q3 Report Beats on Earnings and Revenue
Vita Coco Company (NASDAQ: COCO) delivered a decisive beat on both earnings and revenue when it reported Q3 financials , posting adjusted EPS of $0.40 against a consensus estimate of $0.31 while…
Thursday Closing Bell: Markets Close Up After Jobless, GDP Data
August 29, 2013: U.S. markets opened lower Thursday morning on a better than expected report on new jobless benefits claims and a higher-than-expected second reading on second quarter GDP growth. Traders must…
Did Bridgepoint Just Save Online and For-Profit Universities?
ThinkstockTwo for-profit colleges both had news yesterday. Bridgepoint Education Inc. (NYSE: BPI) received its initial accreditation for a period of five years. Apollo Group Inc. (NASDAQ: APOL) was notified that it had…
Top Analyst Upgrades and Downgrades (ABBV, AKAM, BBRY, COCO, DV, GOOG, HLF, JNJ, JCP, MCP, NOK, PFE, SLW, SYK, TE, VCLK, V)
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. AbbVie Inc. (NYSE: ABBV) started as Neutral at Credit Suisse. Akamai Technologies Inc. (NASDAQ:…
24/7 Wall St. Closing Bell — October 31, 2012: Markets Open Higher Only to Flatten Out (RVBD, S, UBS, D, VLO, BUD, MT, CAM, CNH, COCO, CMI, ETN, H, MA, PSX, CLX, WM, ALL, CZR, HTZ, MUR, APA, CVC, EXC, XOM, HCA, RGLD, F, WRC, PVH, WU)
U.S. equity markets re-opened for business in New York this morning after a two-day shutdown forced by Hurricane Sandy. Markets opened higher, but lost their energy by mid-morning. Asian markets were higher…
24/7 Wall St. Closing Bell — October 30, 2012: Markets to Re-open Tomorrow (ACI, MPC, LAD, IDTI, BPL, AGN, ADM, CAR, AVP, BP, JCI, F, JDSU, STX, YNDX, BUD, MT, CNH, COCO, CMII, ETN, H, MA, PSX, CLX, WM, BP, BIDU, UBS)
U.S. stock markets were closed again today as New York City recovered from the damage brought on by Hurricane Sandy. In New York, both Nasdaq and the NYSE announced that the markets…
For-profit Colleges Struggle (APOL, DV, STRA, COCO, LOPE)
After markets closed last night, Apollo Group Inc. (NASDAQ: APOL), which owns and operates the University of Phoenix, reported a better-than-expected earnings per share (EPS) of $0.52, but revenues fell 11% compared…
24/7 Wall St. Closing Bell — August 20, 2012: Markets Uninspired Again (SCCO, BRCD, AZN, ROST, BEBE, LOW, COCO, URBN, BBY, TECD, BKS, ADI, DELL, MDT, VLO, CVH, AET, LDK)
The three major US stock indexes opened lower this morning following a negative reaction by a government official to a weekend report that Germany would support a sovereign bond-buying plan for the…
Corinthian Colleges Sinks on Enrollment Forecast (COCO, APOL, STRA, LOPE, EDMC, APEI)
Flickr, James SarmientoCorinthian Colleges Inc. (NASDAQ: COCO) reported a fourth fiscal quarter EPS loss of $0.08 and $394.78 million in sales before markets opened this morning. In the same period a year…
24/7 Wall St. Closing Bell — August 17, 2012: Markets Up on Light Volume, Little Enthusiasm (GRPN, PSX, WLP, GTAT, KKD, ARO, CRMT, BRCD, GPS, MRVL, ANN, FL, SJM, COCO, LOW, URBN, BBY, TECD, WTSLA, CHS, HPQ, KYAK, ADSK, BIG, CKP)
The three major US stock indexes opened higher this morning after the news that German chancellor Angela Merkel said Germany would support European Central Bank sovereign bond buying. Unfortunately she doesn’t have…
DeVry Death Spiral: How the Analysts Got It So Wrong
DeVry, Inc. (NYSE: DV) is topping the leaderboard today, but in the wrong direction. It is the top loser on the New York Stock Exchange. The secondary education provider issued a rather…
For-profit College Denied Accreditation
Ashford University, a unit of Bridgepoint Education Inc. (NYSE: BPI), has been denied its initial accreditation by the Western Association of Schools and Colleges (WASC), an action that could force the school…
For-Profit Education Marketing Proposal Risks Grow
There are some new concerns over the for-profit education market. Reports were out earlier in 2012 that Senator Harkin was attacking the for-profit education companies in a new round of attacks by targeting…
24/7 Wall St. Closing Bell (CHK, LVLT, QCOM, CRM, DSX, COCO, APA, WNR, YRCW, SHOO, SRE, SLE, RGLD, OWW, GM, MGM, AES, LNG, DUK, EL, PGR, WPO, GMCR, KNSY, HLF)
The major US stock indexes opened mostly flat this morning following a softer-than-expected report from the Institute for Supply Management on non-manufacturing growth (our coverage here). The report on new unemployment benefits…
24/7 Wall St. Closing Bell (CHK, COP, RSH, STM, AIZ, ABX, MRO, MA, AGN, AUY, TWX, CLX, RDC, RRD, MSO, IACI, FSLR, DSX, COCO, APA, OWW, WNR, CMCSA, SVNT)
The major US stock indexes opened lower this morning following dismal reports from Europe on manufacturing (our coverage here) and unemployment (more coverage here). The ADP report on US unemployment provided more…