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.
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.
Celsius Holdings, Inc. (Nasdaq: CELH) will announce its second quarter 2020 financial results on August 6, 2020, prior to market opening. A conference call is scheduled for 10:00 a.m. Eastern Time that same day to discuss the results with investors. Celsius is known for its fitness drink, CELSIUS®, which features a proprietary formula and is available across major retailers nationwide. The brand is clinically proven, vegan, and has several product lines catering to health-conscious consumers.