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.
Golden Grail Technology (OTC: GOGY) has announced the hiring of beverage industry expert Erin Heit to advance its beverage portfolio. Heit, with over 20 years of experience, previously held key roles at Glacéau Vitaminwater, FUZE Beverage, and as VP of Marketing for Celsius (NASDAQ: CELH). She aims to contribute to the company’s strategy of identifying and acquiring brands in emerging categories, focusing on financial responsibility and effective marketing. GOGY is positioning itself uniquely by managing its beverage brands with an emphasis on economics and distribution.
Celsius Holdings, Inc. (Nasdaq: CELH) has announced its participation in the Jefferies Virtual West Coast Consumer Conference on November 17, 2021. The live presentation will take place at 3:40 PM ET and can be accessed via the provided webcast link. Celsius is known for its flagship fitness drink, CELSIUS®, which offers a variety of functional and healthy energy beverages, all free from sugar and artificial additives. For more information, visit their website.
Celsius Holdings, Inc. (NASDAQ: CELH) announced record financial results for Q3 2021, ending September 30. The press release highlights substantial growth metrics, including increases in sales and revenue driven by heightened consumer demand for the CELSIUS® fitness drink. Management will hold a conference call at 10:00 a.m. ET to discuss these results with investors. The company focuses on expanding its market presence and remains committed to its innovative health-oriented product lines.
Celsius Holdings, Inc. (Nasdaq: CELH) will release its third quarter financial results on November 11, 2021, before market open. Following this, a conference call will take place at 10:00 a.m. ET to discuss the results with investors. Celsius, known for its CELSIUS® fitness drink, emphasizes its commitment to clinically proven, healthy energy beverages. The company’s products are sugar-free, non-GMO, and available nationally in major chains and online.
Celsius Holdings, Inc. (Nasdaq: CELH) will participate in the NACS show from October 6-8, 2021, at McCormick Place in Chicago, highlighting its growth in the convenience store sector. The company has expanded its store count in this channel by 88% over the last year, with over 48,000 locations now carrying its CELSIUS® brand. ACV has also surged to 37.7% from 20.3% last year, suggesting robust market penetration and distribution potential. CEO John Fieldly expressed optimism for the event, anticipating further growth due to the convenience channel's dominance in energy drink sales.
Celsius Holdings (Nasdaq: CELH) will participate in the 4th Annual Wells Fargo Consumer Conference on September 22, 2021, at the Ritz-Carlton in Dana Point, California. Management is set to host a series of institutional investor meetings throughout the day. Celsius is known for its clinically-proven fitness drinks, including CELSIUS® and its various sub-brands, which are available at retailers like Target, CVS, and Walmart. The company emphasizes its health-focused products with no sugar and artificial ingredients.
Celsius Holdings, Inc. (Nasdaq: CELH) announced significant changes to its Board of Directors following the Annual Meeting on August 19, 2021. Directors William Milmoe, Tom Lynch, and Kevin Harrington stepped down. John Fieldly, the company's CEO, has been appointed as Chairman. New board members include Damon DeSantis, Cheryl Miller, and Joyce Russell, each bringing extensive industry experience. These changes align with Celsius's Succession and Refreshment Policy to enhance corporate governance and support continued growth, with the company now valued at over $5 billion.
Celsius Holdings, Inc. (Nasdaq: CELH) reported record financial results for the second quarter ended June 30, 2021. This includes significant growth in revenues, reflecting the company's strong position in the fitness drink market. Celsius continues to innovate with its proprietary formulations, enhancing health benefits for users. The company maintains a diverse retail presence across major chains, contributing to its robust sales performance. Investors can find more details in the comprehensive financial report here.
Celsius Holdings, Inc. (Nasdaq: CELH) will report its second-quarter financial results on August 12, 2021, before the market opens. Following this, a conference call is scheduled for 10:00 a.m. ET to discuss the results with investors. Celsius is known for its CELSIUS® brand, a fitness drink with proven health benefits across five product lines, available at major retailers nationwide.
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