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.
CELSIUS® has entered a multi-year partnership with the Professional Fighters League (PFL), becoming the Official Energy Drink Partner. This collaboration includes CELSIUS® being the presenting partner of the 2022 PFL World Championship on November 25, enhancing brand visibility through naming rights to the VIP Cageside Club and in-cage activations. CELSIUS® will also collaborate with PFL fighters as brand ambassadors, aligning with the brand's focus on a healthy lifestyle. The championship features six $1 million titles, highlighting CELSIUS®’s commitment to supporting elite athletes.
Celsius Holdings, Inc. (Nasdaq: CELH) announced its participation in the Jefferies Miami Consumer Conference on November 16-17, 2022. The company, known for its CELSIUS® fitness drink, will provide an updated corporate presentation during the event. This presentation will highlight the brand's proprietary energy formulas and their clinically proven health benefits, supported by six university studies published in peer-reviewed journals. Attendees can access the presentation through Celsius' investor relations website.
Celsius Holdings, Inc. (Nasdaq: CELH) reported a record revenue of $188.2 million for Q3 2022, reflecting a 98% increase from $94.9 million in Q3 2021. Notably, North America revenue surged 112% to $179.5 million, up from $84.5 million in the prior year. Management will discuss these results in a conference call held today at 4:30 p.m. ET.
Celsius Holdings, Inc. (Nasdaq: CELH) will release its financial results for Q3 2022 on November 9, 2022, after market close. A conference call will follow at 4:30 p.m. ET to discuss the results with the investment community. Celsius is known for its CELSIUS® energy drink, supported by clinically proven formulas and multiple university studies validating its health benefits. For more details, call 866-682-6100 (US) or 862-298-0702 (International) to participate.
Celsius Holdings, Inc. (Nasdaq: CELH) reported impressive preliminary Q2 2022 revenue of $154.0 million, a significant increase of 137% from $65.1 million in Q1 2021. North America contributed notably with revenues soaring 171% to $145.4 million. The company will discuss these results in a conference call at 4:30 p.m. ET today. This performance illustrates Celsius's strong market presence and growth trajectory in the fitness drink sector.
Celsius Holdings, Inc. (Nasdaq: CELH) will announce its second quarter financial results for the period ending June 30, 2022, on August 9, 2022, after market close. A conference call with management will be held the same day at 4:30 p.m. Eastern Time to discuss these results with investors. Celsius is a leader in the fitness drink market with its CELSIUS® brand, supported by clinical studies validating its health benefits. For further details, visit Celsius Holdings.
Celsius Holdings and PepsiCo have announced a definitive long-term distribution agreement effective August 1, 2022. This agreement will transition Celsius' U.S. distribution to PepsiCo's established capabilities, enhancing market access. PepsiCo will also invest $550 million in Celsius via convertible preferred stock, giving it an 8.5% ownership stake with a 5% annual dividend. Celsius anticipates increased shelf space and growth opportunities as a result of this partnership, positioning both companies for success in the energy beverage market.
Celsius Holdings, Inc. (Nasdaq: CELH) announced its participation in two significant investor conferences. The first is the Evercore ISI Consumer & Retail Conference on June 7, 2022, featuring CEO John Fieldly and CFO Jarrod Langhans at 12:30 PM ET. The second is the Stifel 2022 Cross Sector Insight Conference on June 9, 2022, with presentations by Fieldly and EVP Toby David at 10:20 AM ET. Interested investors can access the webcasts through provided links. Celsius is known for its CELSIUS® energy drink, which offers health benefits supported by clinical research.
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