Celsius Holdings, Inc. develops and markets energy drinks within the nonalcoholic beverage market, with a portfolio that includes CELSIUS, Alani Nu and Rockstar Energy. Company news commonly covers quarterly and annual results, brand integration, distribution within the PepsiCo system, U.S. energy-category positioning and product or wellness partnerships that extend the brands across consumer channels.
Updates also include investor conference appearances, earnings-call schedules, capital allocation such as share repurchases, and governance changes tied to board appointments and PepsiCo nomination rights.
Celsius Holdings has partnered with CycleBar, the largest indoor cycling franchise, to become its official energy drink. This collaboration allows CycleBar riders to access Celsius drinks in studios nationwide, enhancing their workout experience. Celsius drinks are known for boosting metabolism and aiding in fat burning, aligning with CycleBar's mission to promote an active lifestyle. Both companies share a commitment to community and fitness, making this partnership a strategic move for promoting health and energy during workouts.
Celsius Holdings, Inc. (NASDAQ: CELH) reported a record revenue of $133.4 million for Q1 2022, a significant increase of 167% compared to $50.0 million in Q1 2021. Domestic revenue surged 217% to $123.5 million, while international revenue declined 10% to $9.9 million. The company continues to expand its presence in the fitness drink sector, backed by six clinically validated studies. The financial results will be discussed in a conference call scheduled for May 10, 2022, at 4:30 p.m. Eastern Time.
Celsius Holdings, Inc. (NASDAQ: CELH) announced it will release its financial results for Q1 2022 on May 10, 2022, after market close. Following the release, management will hold a conference call at 4:30 p.m. ET to discuss the results with investors. Celsius is known for its CELSIUS® fitness drink, backed by clinical studies demonstrating health benefits. Investors can join the call through designated telephone numbers or via webcast.
Celsius Holdings, Inc. (Nasdaq: CELH) announces the retirement of CFO Edwin Negron Carballo, effective January 31, 2023. Jarrod Langhans, previously CFO at Primo Water, steps in as the new CFO as of April 18, 2022. Negron Carballo has been with Celsius since 2018, contributing significantly to the company's financial strategy. Langhans brings over 20 years of experience in finance and management, expected to enhance Celsius's initiatives in the energy beverage market.
Celsius Holdings, Inc. (Nasdaq: CELH) announced preliminary financial results for Q4 and the full year ended December 31, 2021. Despite reporting significant growth, including a $3,180,000 increase in share-based compensation for Q2 2021 and $12,116,000 for Q3 2021, the company faced challenges with staffing and material errors in prior filings. They filed for a 15-day extension for their Form 10-K, with future results subject to change.
Management has recognized weaknesses in internal controls and is taking steps to address these issues.
Celsius Holdings, Inc. (Nasdaq: CELH) will announce its fourth quarter and full year financial results for 2021 on March 1, 2022, after market close. Following the announcement, management will host a conference call at 4:30 p.m. Eastern Time to discuss the results. Celsius is known for its fitness drink CELSIUS®, which offers clinically proven formulas and is widely available across major retailers, including Target and Walmart. Investors are encouraged to participate in the call to gain insights into the company’s performance and future outlook.
CELSIUS Holdings, Inc. (Nasdaq: CELH) announces the launch of its exclusive new flavor, Sparkling Mango Passionfruit, available at participating 7-Eleven and Speedway stores. This energy drink contains zero sugars, zero preservatives, and includes seven essential vitamins, making it a healthy alternative for energy seekers. Through February 22, 2022, customers can purchase two CELSIUS drinks for $4.25. A promotional offer from January 31 to February 6 will provide a free drink via the 7NOW delivery app. This partnership aims to enhance CELSIUS's market presence and meet consumer demands.
Celsius Holdings (Nasdaq: CELH) announced its participation in the Morgan Stanley Virtual Global Consumer & Retail Conference on November 30, 2021. CEO John Fieldly and CFO Edwin Negron will lead institutional investor meetings and host a publicly accessible fireside chat at 10:15 AM ET. Celsius is recognized for its healthy energy drinks, which contain no sugar, artificial preservatives, or high fructose corn syrup. The company is available in national retailers including Target, Walmart, and GNC.
Golden Grail Technology (OTC: GOGY) has announced the hiring of beverage industry expert Erin Heit to advance its beverage portfolio. Heit, with over 20 years of experience, previously held key roles at Glacéau Vitaminwater, FUZE Beverage, and as VP of Marketing for Celsius (NASDAQ: CELH). She aims to contribute to the company’s strategy of identifying and acquiring brands in emerging categories, focusing on financial responsibility and effective marketing. GOGY is positioning itself uniquely by managing its beverage brands with an emphasis on economics and distribution.
Celsius Holdings, Inc. (Nasdaq: CELH) has announced its participation in the Jefferies Virtual West Coast Consumer Conference on November 17, 2021. The live presentation will take place at 3:40 PM ET and can be accessed via the provided webcast link. Celsius is known for its flagship fitness drink, CELSIUS®, which offers a variety of functional and healthy energy beverages, all free from sugar and artificial additives. For more information, visit their website.