Celsius Holdings (NASDAQ: CELH ) is number three in the energy drink market, after Red Bull and Monster. The stock is currently down 72% from its all-time highs set earlier this year. Is this an opportunity?Potential Multibaggers focuses on stocks that have the potential to go up 10x or more over the next decade. Potential Multibaggers is for long-term investors who want to fill their portfolio with potentially life-changing returns and have the patience and equanimity to hold through volatility.We focus on ...

Have you evaluated the performance of Celsius Holdings Inc.'s (CELH) international operations for the quarter ending September 2024? Given the extensive global presence of this company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must u ...

The energy drink market has seen slowing growth this year.After hitting a share price of nearly $100 earlier this year, Celsius (CELH -3.70%) is trading at just $30 as of this writing. On Nov. 6, the energy drink company reported a big drop in sales in Q3. Despite the recent sell-off, Celsius stock has been a huge winner in the past five years. The question on many investors' minds now is whether the stock can regain its lost momentum.Let's dig into the company's most recent results to see what has been goi ...

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Celsius didn't have a good quarter, but the full picture is a little better for the company.Investors knew the third quarter was going to be bad for Celsius (CELH -3.63%), but the reality was worse than some expected. What investors need to know is how the revenue drop in Q3 affects the company's trajectory.*Stock prices used were end-of-day prices of Nov. 6, 2024. The video was published on Nov. 7, 2024. ...

The company's numbers look terrible, but there's more to the story.Shares of energy drink company Celsius Holdings (CELH -6.33%) crashed on Wednesday after the company reported financial results for the third quarter of 2024. The results disappointed investors on both the top and bottom lines. As of 11:45 a.m. ET, Celsius stock was down 10% and had hit new 52-week lows.Celsius' business pulled back in Q3The headline numbers for Celsius were troubling. Q3 revenue was down 31% year over year to $266 million.  ...

This growth stock continues to be beaten down after growth decelerates.In today's video, I will talk about Celsius's (CELH -8.62%) third-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 5, 2024. The video was published on Nov. 6, 2024. ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Financial Data and Key Metrics - Q3 2024 revenue was $265.7 million, a decrease from the previous year primarily due to distributor inventory optimization [10] - Year-to-date revenue through September 30, 2024, was $1.02 billion, a 5% increase from the prior year [11] - Gross profit in Q3 decreased 37% to $122 million, with gross profit margins at 46% compared to 50.4% in the prior year [31] - Non-GAAP adjusted EBITDA for Q3 decreased 96% to $4.4 million, with year-to-date adjusted EBITDA margin at 18.8% [35] - Net income in Q3 decreased 92% to $6.4 million, with year-to-date net income at $164 million [35] Business Line Data and Key Metrics - Retail sales increased 7.1% year-over-year, with unit sales up 7.3% [9] - Sales to Amazon increased 21% year-over-year to $27 million [18] - Sales to Costco increased 15%, while total club channel sales decreased 4% to $60.5 million [19] - Approximately 12.3% of total North America sales were through the food service channel, with lodging and restaurant points of distribution up 46% and 27% respectively [17] Market Data and Key Metrics - Domestic market share in MULO Plus with Convenience rose to 11.6%, an increase of 10 basis points from the previous year [16] - International revenue grew 37% to $18.6 million in Q3 2024 [30] - The company launched in Australia and New Zealand in October [20] Company Strategy and Industry Competition - The company focuses on three key growth drivers: attracting new consumers, expanding product availability, and increasing consumption frequency [12] - Recent innovations include new flavors like Grape Slush and Watermelon Ice, and the acquisition of Big Beverage to enhance supply chain control and innovation capabilities [14][21] - The company is investing in AI-assisted selling tools and new technologies to improve operational efficiency [23] - The company is expanding globally, with new markets in the UK, Ireland, Australia, New Zealand, and France [78][80] Management Commentary on Operating Environment and Future Outlook - The company expects to see alignment of sell-in and sell-through before Q4 ends, with potential pressure ranging from a slight benefit to $15 million [49][51] - Management is optimistic about the sugar-free movement, with over 50% of the energy drink category now sugar-free [41] - The company is focused on increasing availability and expanding placements, particularly in convenience stores [16][60] Other Important Information - The company acquired Big Beverage, a long-term co-packer, to gain greater control over the supply chain and innovation capabilities [21] - A new center of excellence was established in Ireland to drive global innovation, procurement, and supply chain [22] - Two new board members, Hans Melotte and Israel Kontorovsky, were added, bringing extensive global consumer goods experience [24] Q&A Session Summary Question: Cadence for Q4 2024 and 2025 - The company has promotional activities planned for Q4 and is focusing on growth drivers like increasing new consumers and expanding availability [37][38] Question: Consumer Trends and Category Growth - The company needs improved macroeconomic trends and increased traffic to re-accelerate category growth [40][42] Question: Incentive Structure with Pepsi - The incentive program with Pepsi is expected to drive category acceleration through priority periods and further alignment [44][45] Question: Inventory Optimization - The company expects alignment of sell-in and sell-through before Q4 ends, with potential pressure ranging from a slight benefit to $15 million [48][51] Question: Market Share and Consumer Behavior - The company is focused on increasing consumption occasions and bringing back consumers as confidence returns [55][56] Question: International Expansion - The company is expanding into new markets like the UK, Ireland, Australia, New Zealand, and France, with a focus on higher energy drink volume markets [78][80] Question: Shelf Space and Competitive Positioning - The company expects to gain additional shelf space and better placements in 2025, with positive feedback from retailers [84][85] Question: Balance Sheet and Vertical Integration - The company acquired Big Beverage to enhance innovation capabilities and supply chain control, with no immediate plans for further vertical integration [87][90] Question: Execution Playbook and Pricing - The company is evolving its playbook to focus on sugar-free products and increasing availability, with a conservative approach to pricing [95][96][100]

Celsius Holdings Inc. (CELH) reported $265.75 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 30.9%. EPS of $0.00 for the same period compares to $0.30 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $266.13 million, representing a surprise of -0.14%. The company delivered an EPS surprise of -100.00%, with the consensus EPS estimate being $0.05.While investors scrutinize revenue and earnings changes year-over-year and how they com ...