Financial Data and Key Metrics - Total revenue for Q2 2024 increased 23% YoY to $402 million, with H1 2024 revenue up 29% to $757.7 million [6] - International revenue grew 30% in Q2 to $19.6 million [6] - Gross profit increased 32% to $209 million, with gross profit margins improving to 52% from 49% YoY [20] - Non-GAAP adjusted EBITDA rose 29% to $100 million, and net income increased 55% to $80 million [23] - The company ended Q2 with $903 million in cash on hand [25] Business Line Performance - Club sales increased 30% YoY to $88 million in Q2 [13] - Amazon sales grew 41% YoY to $39.9 million [14] - Celsius' share in the energy drink category on Amazon reached 22.1% during Prime Day [14] - The company launched three new flavors in Q2: Sparkling Watermelon Lemonade, Sparkling Kiwi Strawberry, and Sparkling Cherry Cola [13] Market Performance - Celsius' share in the MULO+ convenience channel was 12.04% for the four weeks ending July 14, 2024 [10] - The company's share in the sugar-free energy drink subset is second largest, driving 47% of category growth [5][8] - International expansion in Canada, UK, and Ireland is exceeding expectations, with plans for Australia, New Zealand, and France later in 2024 [15] Strategy and Industry Competition - Celsius is focusing on sugar-free energy drinks, which now represent approximately half of the energy drink category [7] - The company is investing in marketing, promotional programs, and innovation to counter macroeconomic pressures and competition [9][12] - Partnerships with PepsiCo remain strong, with incentive programs expected to fully ramp in H2 2024 [10] Management Commentary on Environment and Outlook - Management acknowledged macroeconomic headwinds and category slowdown but remains confident in long-term growth [5][8] - The company expects to continue facing competitive and macroeconomic challenges but has programs in place for H2 2024 and 2025 [9][12] Other Important Information - The company's field marketing team grew by 50% in the past year, supporting its drill-deep marketing strategy [11] - Celsius' share in the MULOC channel was 11% for the four weeks ending July 14, 2024, up 1.4% YoY but down 0.5% QoQ [10] Q&A Session Summary Question: Change in control agreements - The company standardized executive team agreements to align with industry standards regarding change in control [26][27] Question: Market share stabilization - Management noted share loss due to competition and consumer challenges but remains confident in growth strategies [28][29] Question: Growth vs. market share - Despite growing 10x the category rate, share fluctuations are influenced by competitors like Red Bull [33][34] Question: Pricing strategy - Celsius is monitoring consumer behavior and plans to maintain a premium position while being cautious about pricing [39][40] Question: Channel dynamics - Amazon and club channels are performing well, with consumers shifting purchasing patterns [42][43] Question: Shipments vs. consumption - Inventory adjustments by PepsiCo impacted Q2 revenue by $20-25 million, with potential for similar impacts in H2 [45][46] Question: Velocity trends - Velocity declines are attributed to timing and sequencing of shelf resets and promotional activities [48][49] Question: Category slowdown - The energy drink category is experiencing softness due to macroeconomic pressures and consumer behavior shifts [54][55] Question: New product performance - New flavors are contributing to growth, with a focus on portfolio expansion rather than individual flavor performance [56][57] Question: Future shelf space and innovation - Celsius is confident in gaining incremental shelf space for 2025 innovations, with strong retailer relationships [62][63]

For the quarter ended June 2024, Celsius Holdings Inc. (CELH) reported revenue of $401.98 million, up 23.4% over the same period last year. EPS came in at $0.28, compared to $0.17 in the year-ago quarter. The reported revenue represents a surprise of +3.37% over the Zacks Consensus Estimate of $388.87 million. With the consensus EPS estimate being $0.23, the EPS surprise was +21.74%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...

INVESTOR PRESENTATION CELSIUS HOLDINGS, INC. | QUARTER 2, 2024 INVESTOR PRESENTATION Aug. 6, 2024 O SAFE HARBOR & NON-GAAP MEASURES This press release 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 Holdings' future results of operations or financial position, or state other forward-looking information. You can identify the ...

With the company expanding internationally, there's a lot more growth ahead. In today's video, I will talk about Celsius' (CELH 3.12%) second-quarter earnings report. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Aug. 5, 2024. The video was published on Aug. 6, 2024. ...

Celsius Holdings Inc. (CELH) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 21.74%. A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.27, delivering a surprise of 35%. Over the last four quarters, the com ...

Celsius Holdings Reports Second Quarter 2024 Financial Results Record second quarter revenue of $402.0 million, up 23% year over year Record second quarter gross profit of $209.1 million, up 32% year over year Second quarter diluted EPS of $0.28, up 65% year over year ® BOCA RATON, Fla., Aug. 6, 2024 -— Celsius Holdings, Inc. (Nasdaq: CELH), maker of CELSIUS , the premium lifestyleenergy drink formulated to power active lifestyles with ESSENTIAL ENERGY™, today reported record second quarter 2024 financial r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-34611 CELSIUS HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Nevada 20-2745790 (I.R.S. ...

After a monumental run, the booming beverage business is taking a breather. Celsius (CELH -4.67%) is one of the best-performing stocks. In the five-year period leading up to its record high in March 2024, shares were up more than 7,300%. A $10,000 investment five years ago would've turned into $743,000 at its peak. But as of July 29, this once-booming growth stock was trading 52% below its peak price. Investor sentiment is clearly cooling down. Does this more attractive setup mean that Celsius is a no-brain ...

These are once-in-a-decade buying opportunities. Stocks can rise and fall for many reasons in the short term, but what makes a stock truly unstoppable is the company's long-term growth prospects. Stocks will ultimately follow a company's revenue and earnings growth over the long term, so if you can invest in growing companies at a discounted valuation, you're potentially setting yourself up for big gains. Wall Street is handing investors a great opportunity right now in two growing consumer brands. Shares o ...

The latest trading session saw Celsius Holdings Inc. (CELH) ending at $46.83, denoting a +1.12% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 1.08%. At the same time, the Dow added 0.75%, and the tech-heavy Nasdaq gained 2.64%. Coming into today, shares of the company had lost 19.1% in the past month. In that same time, the Consumer Staples sector gained 3.7%, while the S&P 500 lost 0.44%. The investment community will be paying close attention to ...