Welcome to our dedicated page for Celsius Hldgs news (Ticker: CELH), a resource for investors and traders seeking the latest updates and insights on Celsius Hldgs stock.
Celsius Holdings, Inc. (NASDAQ: CELH) generates frequent news as a functional beverage company active in the energy drink and hydration segments. Company press releases and SEC current reports highlight developments across its portfolio, which includes the CELSIUS energy drink brand, CELSIUS HYDRATION hydration beverages, health and wellness brand Alani Nu and Rockstar Energy in the U.S. and Canada.
News coverage for Celsius Holdings often centers on quarterly and year-to-date financial results, where the company reports revenue trends, gross margin, non-GAAP metrics and market share in the U.S. ready-to-drink energy category. These updates frequently explain the contribution of recent acquisitions, such as Alani Nu and the Rockstar Energy assets, and discuss retail scanner data, portfolio growth and category dynamics.
Investors can also expect announcements related to the company’s strategic relationship with PepsiCo, including changes to distribution arrangements, preferred stock investments and board representation. Additional news items include participation in investor conferences, leadership appointments in areas such as marketing and international operations, and capital allocation decisions like share repurchase authorizations.
This CELH news page on Stock Titan aggregates these company-issued updates and related coverage in one place, allowing readers to follow Celsius Holdings’ earnings releases, transaction announcements, strategic partnership developments and portfolio milestones over time.
Celsius Holdings Inc. (NASDAQ: CELH) reported significant third-quarter financial results for 2020, showcasing an 80% increase in revenue, reaching $36.8 million, compared to $20.4 million in Q3 2019. North American revenue surged 60% to $26.9 million, driven by e-commerce growth. Internationally, revenue rose 172% to $10 million, largely from Nordic market expansion. Gross profit climbed 103% to $17.5 million, with a margin of 47.6%. However, fitness channel sales declined 23% due to the pandemic. Year-to-date revenue stands at $95.1 million, an 86.3% increase from 2019.
Celsius Holdings Inc. (Nasdaq: CELH) has launched an exclusive Kiwi-Guava-Lime flavor of its On-The-Go Powdered Sticks at 2,750 Walmart locations, complementing existing flavors. This expansion raises the total SKU offerings to six, as demand continues to rise. The company has also extended its distribution with Kroger, adding 1,100 new locations. According to recent SPINS data, Celsius shows impressive sales growth of 43.9% in convenience and 100.9% in grocery/mass channels, significantly outperforming market averages.
Celsius Holdings, Inc. (Nasdaq: CELH) will announce its third quarter financial results for the period ending September 30, 2020 on November 12, 2020, before the market opens. Management will host a conference call at 10:00 a.m. ET to discuss results with investors. CELH is known for its clinically proven fitness drinks, including CELSIUS® and its sub-brands, which emphasize health benefits and functional energy without sugar or artificial ingredients. The products are available nationally in major retailers and online.
Celsius Holdings Inc. (Nasdaq: CELH) is expanding its Direct Store Delivery (DSD) network by converting over 1,100 Target locations, enhancing sales volume and product availability. The DSD network now includes more than 135 regional partners, supporting a strong growth trajectory. Recent SPINS data shows CELSIUS® experiencing impressive year-over-year sales growth of 46.5% in convenience and 99.1% in grocery/mass channels. The conversion is expected to complete by Q4 2020, with anticipated coverage of 20% of retail doors through DSD distribution.
Celsius Holdings, maker of CELSIUS®, will present at the LD 500 Virtual Conference on September 2, 2020, at 10:40 a.m. ET. CEO John Fieldly will share insights during this live webcast. Interested participants can register through the provided link and view the slide presentation on the company’s website afterward. CELSIUS® is a leader in the fitness drink market, offering a range of healthy energy beverages backed by clinical research, with no sugar or artificial ingredients. For more information, visit their official website.
Celsius Holdings, Inc. (Nasdaq: CELH) has secured a direct private investment of $22 million from top investors, aimed at bolstering its growth in the health and wellness sector. The investment, expected to close by August 25, 2020, will facilitate the elimination of outstanding bonds related to their Func Food Group Oyj acquisition. Furthermore, Celsius is expanding its presence in 2,700 Speedway stores, anticipating an increase in annual contract value (ACV) over 15% post-rollout, showcasing strong growth potential.
Celsius Holdings (Nasdaq: CELH) announced a $22 million direct private investment from Boyu Capital and a global institutional investor, expected to close by August 25, 2020. This funding will eliminate outstanding bonds from its October 2019 Func Food Group acquisition and enhance working capital for growth opportunities. Celsius also plans to expand into Speedway, adding two SKUs across 2,700 stores, projecting an ACV increase of over 15%. The CEO emphasized the goal of maximizing shareholder value and expanding the brand's global presence.
Celsius Holdings, Inc. (Nasdaq: CELH), known for its fitness drink CELSIUS®, will participate in the 'Consumer Chronicles' virtual event hosted by Alliance Global Partners on August 14, 2020. CEO John Fieldly will discuss Celsius' market strategies during a fireside chat at 10:30 am ET. The CELSIUS® brand offers a range of healthy energy drinks that are clinically proven and cater to health-conscious consumers. CELSIUS® products are available at major retailers nationwide and are recognized for their clean label and health benefits.
On August 6, 2020, Celsius Holdings reported record Q2 revenue of $30.0 million, up 86.3% from the previous year. Domestic revenue rose 44.4% to $20.8 million, while international sales surged 441.2% to $9.2 million. Gross profit increased by 88.4% to $13.0 million, with net income at $1.6 million, contrasting last year's $1.5 million$58.2 million, a 90.2% increase. Celsius secured additional distribution deals and launched a new flavor, 'Peach Vibe,' which became #1 in its category on Amazon.
Celsius Holdings, Inc. (Nasdaq: CELH) has appointed Caroline Levy to its Board of Directors. With over 30 years of experience as a consumer industry stock analyst, Levy brings significant expertise in the beverage sector and capital markets. She has held various roles, including at Macquarie, CLSA, and UBS. Levy will serve as an independent director until the 2021 annual shareholder meeting, and is expected to join the nominating and audit committees. Celsius, known for its fitness drink CELSIUS®, offers a range of healthy, functional beverages.
FAQ
What is the current stock price of Celsius Hldgs (CELH)?
What is the market cap of Celsius Hldgs (CELH)?
