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 ...

THIRD QUARTER 2024 INVESTOR PRESENTATION C E LS I US HO LD IN GS , IN C . | QU A RT E R 3, 2 02 4 IN V E S TOR P R E S E N TAT ION Nov. 6, 2024 O SAFE HARBOR & NON-GAAP MEASURES This presentation contains statements that are not historical facts and are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forwardlooking statements contain projections of Celsius' future results of operations or financial position, or state other forward -look ...

Group 1 - Celsius Holdings Inc. reported break-even quarterly earnings per share, missing the Zacks Consensus Estimate of $0.05, compared to earnings of $0.30 per share a year ago, representing an earnings surprise of -100% [1] - The company posted revenues of $265.75 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.14%, and down from year-ago revenues of $384.76 million [2] - Celsius shares have lost about 41.8% since the beginning of the year, while the S&P 500 has gained 21.2% [3] Group 2 - The current consensus EPS estimate for the coming quarter is $0.16 on revenues of $339.95 million, and for the current fiscal year, it is $0.76 on revenues of $1.36 billion [7] - The Zacks Industry Rank for Food - Miscellaneous is currently in the bottom 43% of over 250 Zacks industries, indicating potential underperformance compared to the top 50% of ranked industries [8]

Revenue Performance - Revenue for Q3 2024 was approximately $265.7 million, a decrease of 31% compared to $384.8 million in Q3 2023[2] - Year-to-date revenue increased by 5% to $1.02 billion compared to $970.6 million for the same period last year[6] - International sales rose by 37% year-over-year to $18.6 million in Q3 2024, up from $13.6 million in Q3 2023[3] - Revenue for the three months ended September 30, 2024, was $265,748, a decrease of 30.9% compared to $384,757 in the same period of 2023[19] Profitability Metrics - Gross profit margin for Q3 2024 was 46.0%, a decrease of 440 basis points from 50.4% in Q3 2023[4] - Net income for Q3 2024 was $6.4 million, down 92% from $83.9 million in Q3 2023[2] - Diluted EPS for Q3 2024 was $(0.00), compared to $0.30 for the prior-year period[5] - Gross profit for the three months ended September 30, 2024, was $122,229, down 37.0% from $194,082 in the prior year[19] - Net income for the three months ended September 30, 2024, was $6,356, a decline of 92.4% compared to $83,949 in the same quarter of 2023[19] - Adjusted EBITDA for the three months ended September 30, 2024, was $(696), compared to $98,395 in the same period of 2023[21] - Adjusted EBITDA Margin for the three months ended September 30, 2024, was 1.7%, down from 26.9% in the prior year[21] - Net income attributable to common stockholders for the three months ended September 30, 2024, was $(557), a significant decrease from $70,372 in 2023[19] Expenses and Other Financials - Selling, general and administrative expenses increased to $125,443 for the three months ended September 30, 2024, up 30.2% from $96,385 in 2023[19] - Total other income for the three months ended September 30, 2024, was $11,389, an increase of 61.8% from $7,048 in the same period of 2023[19] - The provision for income taxes for the three months ended September 30, 2024, was $(1,819), compared to $(20,796) in the same quarter of 2023[19] - The company reported a foreign currency translation adjustment of $2,025 for the three months ended September 30, 2024, compared to a loss of $(664) in the same period of 2023[19] Strategic Initiatives - The acquisition of Big Beverages is expected to enhance innovation and manufacturing capabilities[11] - Celsius introduced two new flavors in the CELSIUS ESSENTIALS line and plans to launch additional flavors in 2025[10] - Sales to Costco increased by 15% in Q3 2024, while total club channel sales decreased by 4% to $60.5 million[8] - Celsius' energy drink category dollar share in MULO Plus with Convenience was 11.6%, an increase of 0.1 points year-over-year[8]

Revenue Performance - Revenue for Q3 2024 was $265.7 million, a 31% decrease from $384.8 million in Q3 2023, primarily due to inventory optimization and promotional allowances[170] - Revenue for the nine months ended September 30, 2024, was $1,023.4 million, a 5.4% increase from $970.6 million in the same period in 2023[178] - Total revenues for the nine months ended September 30, 2024 were $1,023.4 million, a 5% increase from $970.6 million in 2023[180] European Market Growth - European revenue increased by 47% to $16.2 million in Q3 2024, driven by successful innovation launches[171][172] - European revenues for the nine months ended September 30, 2024 increased by $15.5 million or 49% to $47.1 million compared to the same period in 2023[179] Gross Profit and Margins - Gross profit decreased by 37% to $122.2 million in Q3 2024, with gross profit margin dropping to 46% from 50% in Q3 2023[173] - Gross profit for the nine months ended September 30, 2024 increased by $46.6 million or 10% to $513.5 million, with gross profit margins rising to 50% from 48% in 2023[181] SG&A Expenses - SG&A expenses increased by 30% to $125.4 million in Q3 2024, driven by higher employee costs and marketing investments[174][176][177] - SG&A expenses for the nine months ended September 30, 2024 increased by $79.8 million or 31% to $339.3 million, driven by a $56.0 million increase in marketing investments[182] Net Income and Loss - Net loss attributable to common stockholders was $0.6 million in Q3 2024, compared to a net income of $70.4 million in Q3 2023[175] - Net income attributable to common stockholders for the nine months ended September 30, 2024 was $131.0 million, with basic earnings per share of $0.56[184] International Expansion - The company expanded its international presence through agreements with Pepsi in Canada and Suntory in the UK, Ireland, Australia, New Zealand, France, and Benelux[164][165][167][168] - The company entered into an incentive program with Pepsi in March 2024 to align businesses and expand the product portfolio in the U.S.[166] Product Innovation - The company introduced a new CELSIUS® Essentials line in 16-ounce cans in 2023[162] - The company's MetaPlus formulation, a blend of ginger root, guarana seed extract, chromium, vitamins, and green tea extract, is a key part of its product portfolio[163] Cash Flow and Financial Position - Cash and cash equivalents as of September 30, 2024 were $903.7 million, up from $756.0 million as of December 31, 2023[185] - Cash flows provided by operating activities for the nine months ended September 30, 2024 increased by $51.2 million to $187.2 million compared to the same period in 2023[188] - Cash flows used in investing activities for the nine months ended September 30, 2024 totaled $21.0 million, primarily due to increased purchases of property and equipment[189] - Cash flows used in financing activities for the nine months ended September 30, 2024 were $18.5 million, mainly driven by cash dividends paid on Series A Preferred Stock[190] Off Balance Sheet Arrangements - The company had no off balance sheet arrangements as of September 30, 2024 and December 31, 2023[191]

Vertical integration could help Celsius' margins and inventory.Celsius (CELH 0.87%) is buying one of its suppliers in a move that will vertically integrate the beverage company. Is this a good move or a sign of desperation? Travis Hoium covers the implications in this video.*Stock prices used were end-of-day prices of Nov. 1, 2024. The video was published on Nov. 3, 2024. ...

I'm an investment analyst with several years of clinical experience and a Master of Business Administration, now expanding my focus beyond biotech and healthcare into a range of sectors. I've had the privilege of sharing my insights on Seeking Alpha since 2017. Outside of spending time with my family, it is my favorite thing to do. My work emphasizes financial modeling techniques, such as Discounted Cash Flow (DCF) analysis, to uncover hidden assumptions within stock valuations across multiple industries. B ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Celsius Holdings Inc. (CELH) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss ...

Energy drinks have been getting a considerable amount of negative publicity regarding health concerns, which has led to a decline in consumption. This, along with soft consumer spending and market saturation from competitors, has triggered a strong sell-off in two of the most popular energy drink brands: Monster Beverage Co. NASDAQ: MNST and Celsius Holdings Inc. NASDAQ: CELH. The convenience store channel generates over 62% of energy drink sales. Foot traffic has been steadily increasing since February 202 ...

In my previous article on Celsius Holdings (NASDAQ: CELH ), I mentioned how much I liked the company's growth prospects. Despite being somewhat pricey valuation-wise, I felt that Celsius was growing rapidly enough that it could grow into its valuation. Since Nine to 5 by day. Hobbyist stock trader by night. I got an MBA and a CFA ... so that should count for something. I only care about my own greedy interests and I love feeding trolls. Not your financial advisor. Information for entertainment purposes only ...