facebook pixel
@forbes
What do you do when 96% of your revenue comes from #coconutwater and 100% of your supply comes from tropical countries targeted by Donald Trump with high #tariffs? This is exactly the situation confronting one of the nation’s hottest small cap companies today, $516 million (revs) Vita-Coco of New York City, the leading maker of coconut water. Its biggest source of #coconuts, has heretofore been Brazil, a country now squarely in the crosshairs of a proposed 50% tariff, courtesy of the Trump administration. Its six other sources for coconuts aren’t much better: Philippines (tariff:19%), Malaysia (25%), Vietnam (32%), Indonesia (32%) Thailand (36%) and Sri Lanka (46%). Still, you wouldn’t know that #VitaCoco was facing a Trump tariff nightmare given the company’s bullish tone—or its stock performance. Keep reading at the link in our bio. (Photo: Vita Coco)

 891

 111

Credits
    Tags, Events, and Projects
    • tariffs
    • coconutwater
    • vitacoco
    • coconuts