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 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.
Celsius Holdings, Inc. (Nasdaq: CELH) has announced the appointment of Ernst and Young (EY) as its new independent registered public accounting firm, effective with the filing of the Quarterly Report for the quarter ended June 30, 2021. This decision was approved by the Audit Committee of the Board of Directors. Assurance Dimensions, the former accounting firm since 2017, provided unqualified reports on the company's financial statements. The transition aims to be seamless, and the company expresses gratitude for the services rendered by Assurance Dimensions.
Celsius Holdings, Inc. (Nasdaq: CELH) reported record financial results for Q1 2021, which ended on March 31, 2021. Management will discuss these results in a conference call on May 13, 2021, at 10:00 a.m. Eastern Time. Further details can be found in the Q1 2021 financial report available on their website. Celsius is known for its premium fitness drink CELSIUS®, which offers functional health benefits and is available at major retailers across the U.S.
Celsius Holdings, Inc. (Nasdaq: CELH) will release its financial results for Q1 2021 on May 13, 2021, before market opening. A conference call will follow at 10:00 a.m. ET to discuss these results. Celsius is recognized for its health-focused drinks, featuring zero sugar and various functional beverage lines. The company markets its products at major retailers including Target and Walmart, and claims to provide significant health benefits validated by clinical studies.
Celsius Holdings, Inc. (Nasdaq: CELH) reported record financial results for Q4 and full year 2020, ending December 31. The company continues to see impressive growth driven by its innovative fitness drink, CELSIUS®. The latest financial results highlight robust consumer demand and increased market penetration, reinforcing Celsius' position in the performance energy sector. Management will discuss these results in a conference call at 10:00 a.m. ET today.
Celsius Holdings, Inc. (Nasdaq: CELH) is set to announce its fourth quarter and full year financial results for 2020 on Thursday, March 11, 2021, prior to market opening. Following the announcement, the management will hold a conference call at 10:00 a.m. Eastern Time to discuss the results with investors. Celsius is known for its leading fitness drink, CELSIUS®, backed by six peer-reviewed studies, and offers a range of health-focused beverages free from sugar and artificial additives. The results will provide insights into the company’s financial performance and future growth.
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