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.
The Palm Tree Music Festival returns to Westhampton, NY, on June 24, 2023, headlined by Calvin Harris and Kygo. This festival is presented by CELSIUS ESSENTIAL ENERGY and features artists like Loud Luxury and Sam Feldt. Tickets will be available starting April 20, 2023, with general admission prices beginning at $299. The festival promises an elevated tropical lifestyle experience, offering unique summer vibes and premium beverage sponsorships from Tequila Don Julio and CELSIUS. As a part of Palm Tree Crew, founded by Kygo and Myles Shear, this event looks to merge music and a luxurious environment, showcasing a revamped experience after the successful inaugural event in Aspen.
FSD Pharma Inc. (NASDAQ: HUGE) has appointed Gerry David to its Advisory Board. David, known for his transformative leadership at Celsius Holdings (NASDAQ: CELH), drove a 35-fold increase in shareholder value during his tenure. He is expected to leverage his extensive experience to enhance FSD Pharma's strategies, particularly in developing innovative solutions for alcohol misuse. The company is focused on advancing its pharmaceutical pipeline, including FSD201 for inflammatory diseases and other compounds targeted at mental health and neurodegenerative disorders. Investors may view this appointment as a positive step towards growth and commercialization of new products.
Celsius Holdings, Inc. (Nasdaq: CELH), the maker of CELSIUS®, will present at three notable investor conferences in March 2023. The 35th Annual Roth Conference occurs from March 12-14, with presentations on the 13th and 14th. The Bank of America 2023 Consumer & Retail Conference is set for March 14-15, featuring a fireside chat on the 15th at 9:40 am ET. Finally, the UBS Global Consumer and Retail Conference takes place on March 16 at 8:00 am ET. These presentations will provide insights into the company's growth and strategy in the competitive fitness drink market.
Celsius Holdings, Inc. (CELH) reported impressive financial results for the full year 2022, achieving $653.6 million in revenue, a significant 108% increase from $314.3 million in 2021. The fourth quarter also saw strong performance with revenue of $178.0 million, up 71% from $104.3 million in Q4 2021. This growth highlights the company’s successful positioning in the fitness drink market and its ability to capture a larger share of consumer spending. Celsius attributes its growth to a commitment to product innovation and expanding its distribution channels.
Celsius Holdings, Inc. (Nasdaq: CELH), a leader in fitness drinks, will announce its financial results for Q4 and full-year 2022 on March 1, 2023, post market close. Following this, management will hold a conference call at 4:30 PM ET to discuss the financial outcomes with investors and analysts. Celsius is known for its clinically proven CELSIUS® energy drink line that aims to support fitness and health. The results are highly anticipated as they will provide insights into the company’s financial health and growth trajectory in the competitive energy drink market.
PepsiCo and CELSIUS have launched the "Save the Shore" program to support nearly 30 Florida businesses impacted by Hurricane Ian. With a combined investment of $200,000, the initiative focuses on renovations, employee relief funds, and the distribution of free products. Noteworthy beneficiaries include Crabby Joe's Deck & Grill in Daytona Beach and Lani Kai Island Resort in Fort Myers Beach. The joint effort underscores PepsiCo's commitment to local communities, emphasizing recovery in the vital peak holiday tourism season.
FAQ
What is the current stock price of Celsius Holdings (CELH)?
What is the market cap of Celsius Holdings (CELH)?
What is Celsius Holdings, Inc.?
What products does Celsius Holdings offer?
What are the health benefits of CELSIUS® drinks?
Who are the key partners of Celsius Holdings?
What recent achievements has Celsius Holdings announced?
Where can I buy CELSIUS® products?
How is CELSIUS® different from other energy drinks?
What is the financial performance of Celsius Holdings?
How does Celsius ensure the quality of its products?
Is CELSIUS® suitable for all consumers?
