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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, 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/b loss. Year-to-date revenue reached
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.