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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 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.
Celsius Holdings, Inc. (Nasdaq: CELH) has appointed Marcus Sandifer as Corporate Secretary. Sandifer brings extensive corporate law expertise from his previous role at DLA Piper, where he advised global companies in various sectors. He will oversee compliance with regulations and corporate governance, addressing the needs of the board amid Celsius's accelerated growth. Sandifer's background includes a strong foundation in supply chain management and human resources at PepsiCo and Nestle Waters.
Celsius Holdings, Inc. (Nasdaq: CELH) has launched a new flavor, Tropical Vibe, combining starfruit and pineapple for summer refreshment. Initially available in over 5,000 7-Eleven locations, Tropical Vibe aims to appeal to the growing fitness drink market. The company reported impressive sales growth, with a 193% increase year-over-year for 2 weeks and 151.4% for 12 weeks. Celsius is also the #1 fastest growing brand in the grocery sector. The launch coincides with a marketing campaign that includes celebrity events and outdoor activations.
Celsius Holdings, Inc. (Nasdaq: CELH) announced a public offering of 6,518,267 common stock shares priced at $62.50 each. This includes 5,518,267 shares from selling stockholders and 1,000,000 shares from Celsius. A 30-day option for underwriters to purchase an additional 977,740 shares is also granted. Celsius will not receive proceeds from the selling stockholders' shares and plans to utilize its net proceeds for general corporate purposes. The offering is expected to close on June 14, 2021.
Celsius Holdings, Inc. (NASDAQ: CELH) announced a public offering of 6,518,267 shares of common stock, including 5,518,267 shares from selling stockholders and 1,000,000 shares from the company. Additionally, selling stockholders may grant underwriters a 30-day option for 977,740 more shares. Celsius will not receive proceeds from the selling stockholders' shares, intending to use its portion of the offering proceeds for general corporate purposes. The offering is subject to market conditions and is facilitated by UBS Investment Bank and Jefferies.
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