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Celsius Holdings, Inc. - CELH STOCK NEWS

Welcome to our dedicated page for Celsius Holdings news (Ticker: CELH), a resource for investors and traders seeking the latest updates and insights on Celsius Holdings stock.

Celsius Holdings, Inc. (Nasdaq: CELH) is a leading player in the global nonalcoholic beverage market, specializing in energy drinks that promote fitness and active lifestyles. Founded with a mission to provide healthier energy options, Celsius offers a range of products designed to accelerate metabolism, burn body fat and calories, and provide sustained energy without the downsides of sugar, preservatives, or artificial additives.

The company's flagship brand, CELSIUS®, is available in various formats, including carbonated and non-carbonated drinks, as well as convenient powder sticks that can be mixed with water. CELSIUS® drinks come in seven delicious flavors and are enriched with essential vitamins, making them a popular choice among fitness enthusiasts. The products are 100% gluten-free and kosher certified.

Celsius Holdings has been recognized with 15 international awards for taste and innovation. The company's commitment to quality and efficacy is backed by six university studies published in peer-reviewed journals. These studies validate the health benefits of CELSIUS®, further bolstering the brand's reputation.

In terms of business operations, Celsius Holdings focuses on branding and innovation while outsourcing manufacturing, packaging, and distribution to third parties. The company made a significant strategic move in 2022 by signing a 20-year distribution agreement with PepsiCo, which also holds an 8.5% stake in Celsius Holdings. This partnership aims to expand the company's reach, initially in North America and recently into Canada and parts of Europe.

Recent Achievements and News:

  • On November 7, 2023, Celsius reported its third-quarter financial results, highlighting strong performance and continued growth. A replay of the conference call discussing these results is available for 90 days.
  • In January 2024, Celsius announced its expansion into Canada, the United Kingdom, and Ireland, with PepsiCo serving as the exclusive distributor in Canada.
  • On February 9, 2024, Celsius entered a global multi-year partnership with Scuderia Ferrari, becoming the official energy drink of the Formula 1 racing team.
  • On February 22, 2024, the company announced its fourth-quarter and full-year 2023 financial results, showcasing record performance.
  • In March 2024, Celsius revealed plans to expand into Australia and New Zealand, partnering with Suntory Oceania for manufacturing and distribution.
  • Celsius reported record first-quarter 2024 financial results on May 7, 2024, with significant revenue growth and market share gains.

With a focus on innovation, strategic partnerships, and international expansion, Celsius Holdings, Inc. continues to solidify its position in the rapidly growing energy drink market.

Rhea-AI Summary

Celsius Holdings, producer of the CELSIUS® energy drink, announced that its Chairman and CEO, John Fieldly, and CFO, Jarrod Langhans, will participate in a webcast fireside chat at the 4th Annual Evercore ISI Consumer and Retail Conference. The event is scheduled for June 11, 2024, at 2:45 p.m. ET.

The participation in this conference underscores Celsius Holdings' commitment to engaging with investors and showcasing its strategic direction and financial health. The webcast link for the event is: https://wsw.com/webcast/evercore43/celh/2329976.

Celsius Holdings is listed on NASDAQ under the ticker CELH, and it focuses on creating energy drinks designed to support active lifestyles.

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Celsius Holdings, Inc. (Nasdaq: CELH) will participate in upcoming investor conferences, including the Goldman Sachs Global Staples Forum, B. Riley 24th Annual Institutional Investor Conference, William Blair 44th Annual Growth Stock Conference, and Jefferies Consumer Conference. The company is known for its premium lifestyle energy drink, CELSIUS®, formulated to provide ESSENTIAL ENERGY™ for active lifestyles.

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Celsius Holdings, maker of CELSIUS® energy drink, reported record first quarter 2024 financial results with revenue of $355.7 million (up 37% YoY), gross profit of $182.2 million (up 60% YoY), and diluted EPS of $0.27 (up 108% YoY). The company's North American and international sales both saw significant growth, driving overall revenue increase. Celsius also achieved a 51% gross margin and an 81% increase in Adjusted EBITDA compared to the previous year.

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Celsius Holdings, Inc. (Nasdaq: CELH) will unveil its first-quarter financial results on May 7, 2024, before the market opens. The company will conduct a conference call and webcast at 10 a.m. ET to discuss the results. CELSIUS® is known for its energy drinks and is a leader in the energy market.

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CELSIUS Holdings, Inc. announces a sales and distribution agreement with Suntory Beverage & Food France to expand its energy drink brand, CELSIUS, to France in 2024. The company plans to start sales in Australia, New Zealand, the UK, and Ireland through various partnerships. This strategic move aims to enhance CELSIUS's global presence and drive growth in new markets.
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Celsius Holdings, Inc. (CELH) partners with Suntory Oceania to expand into Australia and New Zealand, aiming to grow their global sales and distribution network. The company plans to introduce their CELSIUS energy drinks to these new markets, leveraging Suntory Oceania's manufacturing, sales, and distribution capabilities. The strategic partnership is expected to drive international growth and enhance consumer reach.
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Celsius Holdings, Inc. (CELH) announces participation in key investor conferences to showcase Celsius®, the premium lifestyle energy drink.
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Celsius Holdings, Inc. reports a record fourth quarter revenue of $347 million, up 95% from the previous year, and a full-year revenue of $1,318 million, up 102% from the previous year.
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Celsius Holdings, Inc. (CELH) is set to announce its Q4 and full-year 2023 financial results on Feb 29, 2024. The management will conduct a conference call to discuss the results and answer questions from participants.
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Celsius Holdings, Inc. (Nasdaq: CELH) has announced a global, multi-year, exclusive partnership with Scuderia Ferrari, naming CELSIUS a Scuderia Ferrari Team Partner and official energy drink of the Formula 1 racing team. This partnership will see CELSIUS energizing the Scuderia Ferrari garage and fan experiences around the world with their leading energy drink, designed to help people live fit, exceed their goals, and elevate their everyday lives. The collaboration aims to provide essential energy to help drivers and team members perform at their best throughout an intense 24 Grand Prix season. Scuderia Ferrari fans will also experience unique CELSIUS activations both on and off the track.
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FAQ

What is Celsius Holdings, Inc.?

Celsius Holdings, Inc. is a global consumer packaged goods company specializing in fitness drinks that accelerate metabolism, burn body fat, and provide healthy energy.

What products does Celsius Holdings offer?

Celsius Holdings offers a range of energy drinks under the brand CELSIUS®, available in various flavors and formats including carbonated, non-carbonated, and powder sticks.

What are the health benefits of CELSIUS® drinks?

CELSIUS® drinks accelerate metabolism, burn body fat and calories, and provide sustained energy without sugar, preservatives, or artificial additives. They are also enriched with essential vitamins.

Who are the key partners of Celsius Holdings?

Celsius Holdings has a 20-year distribution agreement with PepsiCo and has partnered with Suntory for distribution in Australia, New Zealand, and parts of Europe.

What recent achievements has Celsius Holdings announced?

Recent achievements include record financial results, expansion into new international markets, and a global partnership with Scuderia Ferrari's Formula 1 racing team.

Where can I buy CELSIUS® products?

CELSIUS® products are available in various retail outlets across North America, Europe, and Asia-Pacific regions, as well as online.

How is CELSIUS® different from other energy drinks?

CELSIUS® is designed with natural ingredients, contains no sugar, preservatives, high fructose corn syrup, artificial colors, or flavors, and offers clinically proven health benefits.

What is the financial performance of Celsius Holdings?

Celsius Holdings has shown robust financial growth, reporting record revenues and market share gains in recent quarters.

How does Celsius ensure the quality of its products?

Celsius uses natural ingredients and its products are backed by six university studies published in peer-reviewed journals, validating their health benefits.

Is CELSIUS® suitable for all consumers?

CELSIUS® is particularly popular among fitness and active lifestyle enthusiasts, but it is suitable for anyone looking for a healthier energy drink option.

Celsius Holdings, Inc.

Nasdaq:CELH

CELH Rankings

CELH Stock Data

11.56B
233.08M
40.67%
65.47%
7.61%
Soft Drink Manufacturing
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